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HBCF banks on Du Xiaoman for $65m

Baidu spinoff Du Xiaoman Financial has injected $65m into Harbin Bank Consumer Finance as part of a collaboration deal that will see them develop a range of products and services.

May 17, 2019

American Express readies Resy acquisition

First Data and Airbnb are set to exit the restaurant booking platform in an acquisition of undisclosed size by American Express.

May 17, 2019

Moneysupermarket puts down investment in Flagstone

Moneysupermarket was among the participants in a $14.3m round for the cash deposit diversification service that also included VentureFounders and Kindred Capital.

May 15, 2019

SGX bonds with Trumid for $60m

Singapore Exchange took part in a Hillhouse Capital-led round that the electronic trading platform will use to expand its corporate bond business in the US.

May 15, 2019

ETechAces champions $152m

SoftBank Vision Fund has led a $152m first tranche for financial comparison service ETechAces’ latest funding round, which also included fellow corporate Info Edge.

May 14, 2019

Mastercard onboards Transactis

Arange of financial services firms, payment processors and fintech providers are set to exit the electronic billing software producer in an acquisition by Mastercard.

May 14, 2019

Greensill leans into $800m Vision Fund investment

SoftBank Vision Fund is investing $800m in Greensill, a platform that provides working capital to businesses, at a reported $3.5bn valuation.

May 13, 2019

Parikh parks herself at Wells Fargo

Mansi Parikh has left her director of global business and corporate development position at Verifone after nearly five years to manage strategic venture investments for Wells Fargo.

May 13, 2019

Analysis: SoftBank passes $419m to PayPay

Mobile payment platform PayPay raised $419m in funding from SoftBank. This is a deal from a space that has seen much growth in terms of the corporate-backed deal flow in recent years.

May 13, 2019

Corporates give Twisto a twirl

Consumer lending platform Twisto raised $15.6m from investors including ING and Uniqa, bringing its total equity financing to $23.5m.

May 11, 2019
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