The AlleyWatch Startup Daily Funding Report: 8/31/2026

Funding Rounds

Summary

This funding roundup highlights several startups that closed new rounds. RQD Clearing raised $74 million for its cloud-native clearing and custody platform serving broker-dealers, RIAs, and foreign financial institutions. Icon raised $30 million for its AI-assisted UGC ad production platform, and Koxa raised $8.7 million for its fintech API platform that connects ERP and accounting software to corporate bank accounts. Swissclear Global also raised $900,000 for a prepaid entertainment platform. The piece focuses on capital raises rather than product releases or personnel moves.

$ Funding

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Amount $8.7M Total raised
Date August 31, 2026 Announcement date
Investors Bain Capital Tech Opportunities, Founders Fund Lead investors
Company https://www.koxa.io Funded company

AskAI Classifications

Sectors
Fintech, Banking and Payments General FinTech
Functions
Developer and IT Infrastructure Development Platforms General IT-Dev

Linked Companies

Koxa
$1M to $5M