The hedge fund has raised $20m for the first close of its fintech fund from limited partners including Siam Commercial Bank's strategic investment subsidiary.

PayPal joined a selection of VC firms to provide funding for the finance transfer app, which raised more than $23m in a Qualcomm-backed round in September.

Legend-backed payment platform Lakala intends to list on the ChiNext stock exchange following a failed attempt at a reverse merger with Shanghai-listed Tibet Tourism.

OurCrowd will source investments for the energy company in areas such as big data, connected technology and blockchain.

Axinan, TenX and InvoiceInterchange are the first three participants to graduate from the online payment platform's Start Tank initiative.

Liberty Global and Zain joined existing backers Sky, Catcha and Evolution Media Capital to provide $90m that will help the streaming service expand into Africa and the Middle East.

A Ping An subsidiary has led a series C round for the livestreaming platform developer that valued it at $400m and took its total funding to $180m.

Tata, Kotak Mahindra Old Mutual Insurance and Edelweiss Tokio Life Insurance have contributed to a funding round for microfinance provider Fincare.

Reliance Capital, Sapphire Ventures and Saama Capital have reportedly exited One97 Communications, selling a combined 4.3% stake to e-commerce firm Alibaba.