State-owned debt management firm China Huarong Asset Management raises $2.3bn in its IPO, falling short of its $3bn target.

Bertelsmann has led a series A round for the peer-to-peer lending platform.

Mastercard and New York Life are among the investors on board DCG, which aims to build the largest portfolio of digital currency companies in the world.

The payment processing service has boosted its funding only a week after raising a $2.5m seed round backed by GMO Venture Partners.

SoFi secured the money from existing investor Renren less than a month after closing a $1bn round that valued it at $4bn.

Payments processing technology producer Marqeta has received $25m in series C funding from Commerzbank and others to support international expansion.

Commerzbank has co-led a round for the insurance management app that also featured Rocket Internet and several corporate-backed venture firms.

The e-commerce group has sold its stakes in e-commerce company Netretail and price comparison service Heureka to investment firm Rockaway Capital.