Digital bank operator Tonik Financial raised $131m in a Mizuho Bank-led round while e-commerce software provider Shopware secured $100m from PayPal and Carlyle.

Funding

Financial services group Mizuho Bank led a $131m series B round for Philippines-headquartered digital bank operator Tonik Financial today. Prosus, the internet holding company formed by e-commerce and media group Naspers, took part in the round through its Prosus Ventures unit and was also joined by investment fund Sixteenth Street Capital, family office Nuri Group and private investor Rahul Mehta.

Digital payment processor PayPal and private equity firm Carlyle invested $100m in Germany-headquartered e-commerce software producer Shopware yesterday. Carlyle…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
Email LinkedIn