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Fintech Rules As Acorns And Stax Take In Big Deals

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This is a weekly feature that runs down the week’s top 10 funding rounds in the U.S. Check out last week’s biggest funding rounds here.

After a slow-down of funding announcements last week—for obvious reasons— things got back to normal a little bit. Perhaps not surprisingly, fintech led the way—reaffirming private investors just can’t get enough of that sector. Half of the top 10 list is made up of companies in the space or at least adjacent to it. However, there are still a lot of signs of potholes in the market, as the top round of the week shows.

1. Acorns, $300M, fintech: Acorns’ big raise this week may speak more to the current state of the market than anything else. Last May, the company announced a SPAC deal that would reportedly have brought about $450 million to the company and valued it at about $2.2 billion. The Irvine, California-based mobile savings and investing app called off the SPAC merger two months ago—since saying the timing wasn’t right—and this week announced a $300 million Series F led by TPG at a $1.9 billion…

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