Financial

Binance Labs-backed crypto payment platform developer MobileCoin has now accumulated nearly $125m of total funding and is valued at $1bn.

Lilith Games helped artificial intelligence software developer Inspir.ai secure $46.3m while Microsoft AI spinoff Xiaoice closed its series A round at a billion-dollar valuation.

The digital wallet developer’s $255m IPO would allow Cisco, GMO, American Express, Bajaj Finance, MediaTek, Net1 and New Delhi Television to exit.

Tencent has co-led the digital banking app developer’s series D round, which boosted its overall funding to about $370m.

HSBC and ABN Amro Ventures helped the data analytics software provider complete a series D round reportedly valuing it at a minimum of $800m.

SBI Group backed Tide in a series C round which doubled the overall funding raised by the digital banking platform developer to $200m.

Bow Capital has helped supply fresh funding for the equity-free capital provider to boost its expansion and broaden its product offering.

SoftBank Vision Fund 2 and Intuit helped supply fresh funding for the equity-free capital provider to boost its expansion and broaden its product offering.

Block.one's blockchain technology spinoff is joining forces with publicly listed Far Peak Acquisition Corporation at a $9bn valauation.

Rocket Internet helped the cross-border payments platform, previously backed by Visa and Bank BRI, raise funding at a valuation topping $700m.

Google is reportedly in discussions to purchase the cashless payment app developer for up to $270m, potentially providing exits for Itochu, Nippon Gas and FamilyMart.