Rize Secures $11.4M Series A for Fintech-as-a-Service Platform

Rize announced an $11.4 million Series A funding round to advance its full-stack fintech-as-a-service platform, which provides banking infrastructure including accounts, cards, and wire transfers for fintech companies. The round was co-led by Alpha Edison and Morpheus Ventures, with participation from Raptor Group, Revolution's Rise of the Rest Seed Fund, Third Prime, Red & Blue Ventures, Graham Holdings, Walkabout Ventures, and Rucker Park Capital. Rize positions itself as a middleware BaaS layer that simplifies access to banking capabilities for fintech builders, abstracting the complexity of bank partnerships and compliance.

The new capital will be directed toward product development and expanding the platform's feature set to serve a broader range of fintech use cases. The round reflects the growing demand for turnkey BaaS infrastructure that enables non-bank companies to launch financial products quickly. Rize competes in a rapidly expanding market alongside providers like Unit, Treasury Prime, and Synapse, indicating sustained investor confidence in the BaaS middleware segment.