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Page 172

Ant Financial enters Wave Money

The digital payment service, a joint venture between Telenor and Yoma Group, has received $73.5m from Ant Financial as part of a newly inked partnership deal.

May 18, 2020

Spark Systems cashes in series B2 funding

Citi, HSBC and Goldman Sach contributed to a $10.5m round for the forex trading platform developer in a round set to fund training and product development.

May 15, 2020

Corporate venturing deal net: 11-15 May 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

May 15, 2020

FalconX deciphers $17m round

Coinbase Ventures joined Fenbushi Capital in the inaugural funding round for crypto exchange FalconX, which claimed to have processed $7bn of assets in 10 months.

May 15, 2020

Featurespace impresses for $36.8m round

Featurespace, a Cambridge spinout, has boosted its funding total to $108m though Worldpay did not return for the latest round.

May 13, 2020

Members Exchange cashes in $65m round

Jane Street Capital, Goldman Sachs, JP Morgan, Wells Fargo, Flow Traders and Williams Trading were all among the investors in a $65m round for Members Exchange.

May 13, 2020

Featurespace impresses for $36.8m round

Cambridge's Featurespace boosted its funding total to $108m having assembled a consortium including existing investor IP Group for its latest round.

May 13, 2020

Validus validates $20m series B-plus

The peer-to-peer lending platform secured the backing of Kuok Group and existing investor Siam Cement Group to bring its lifetime funding to $40m.

May 13, 2020

Two Vietnamese startups file for bankruptcy

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

May 12, 2020

Bought By Many procures $97.4m

CommerzVentures and Munich Re Ventures both returned for a $97.4m funding round that brought the pet insurance provider’s total funding to more than $132m.

May 11, 2020
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