Former senior sales director Darren Winter has joined Frontier IP to support its portfolio companies with fundraising.

The Salesforce-backed lending software provider roughly doubled its valuation to $3.3bn in just five months, Coatue and Tiger Global Management co-leading its latest round.

The Stripe-backed cross-border payment platform developer more than doubled its valuation to $2.5bn in the Coatue-led round.

The $5.3bn purchase agreed a year ago would have enabled Alphabet, Mastercard, Citi and American Express to exit the banking software producer.

The Standard Chartered-backed owner of digital wallet Momo will use the funding to launch its own strategic investment subsidiary.

American Family’s venture capital unit has contributed to a $22.5m round that will support the digital mortgage lender's US expansion.

The CreditEase and Mouro Capital-backed payment technology provider lured personal finance firm OneMain Financial to co-lead its series C round.

Existing investor SoftBank Ventures Asia helped the online investment platform developer close a round that will fund its growth in Indonesia.

Microsoft, PayU and Boston Consulting Group are among the investors in digital currency platform developer Bakkt, which will list in a reverse merger set to value it at $2.1bn.

The Commerzbank-backed financial services software provider's valuation now tops $2bn, TCV having led its latest round.