MUFG Innovation Partners contributed to a round that boosted the valuation of the blockchain-based lending platform to $1.2bn.

Stripe-backed payment localisation platform Rapyd raised the cash from Durable Capital Partners at a reported $1.2bn valuation to help drive its merger and acquisition strategy.

SoftBank Innovation Fund helped the business lending platform increase its total funding to more than $140m as it looks to expand its services.

Half a dozen startups will make up the 11th batch of staffing services firm DIP's 12-week AI.Accelerator initiative.

Green Shield Canada, Alterna Savings and several insurers chipped in as the fintech-focused venture firm closed its second fund.

The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.

The online finance provider is closing in on $103m in series C funding, having previously raised a total of $120m from investors including CreditEase Fintech Investment Fund.

Bank Mandiri's fintech-focused investment arm has hired former MDI Ventures vice-president Joshua Agusta as director of fund investments.

The Amazon and Intact Financial-backed insurance provider is raising $40m to $42m in a round that will include $20m from Benny Binsal.

The mobile banking platform developer lured National Bank of Canada's venture capital unit to an $18.8m round led by Drive Capital.