Illuminate Financial Launches Early Growth Fund Backed by Leading Global Institutions, Announces First Investments in Pliant and TransFICC

Release date: 07 Oct 2025

Illuminate Financial, the specialist venture capital firm focused on technology for financial services, today announced the launch of its Early Growth Fund. Supported by strategic investments from global financial institutions including Jefferies, S&P Global, Deutsche Börse, HSBC, and TD Securities, the fund brings substantial resources for scaling financial technology businesses.

The Early Growth Fund targets high-potential companies at the Series B stage — businesses with validated product–market fit preparing to scale across regulated, complex markets. Illuminate’s approach bridges the gap between early innovation and institutional adoption, providing capital and deep strategic expertise.

First Investments Completed — Illuminate Financial has completed its first two investments in the new fund:

  • Pliant: an innovative corporate card and spend management platform with scalable, API-first infrastructure that empowers enterprise finance teams with greater control, efficiency, and flexibility over their payment workflows.
  • TransFICC: the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives markets.

These investments exemplify Illuminate’s thesis-driven approach to supporting foundational financial market infrastructure.

Read the full article published by Medium here.