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Financial
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, 2019American 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, 2019Moneysupermarket 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, 2019SGX 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, 2019ETechAces 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, 2019Mastercard 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, 2019Greensill 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, 2019Parikh 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, 2019Analysis: 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, 2019Corporates 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, 2019SoftBank passes $419m to PayPay
PayPay, the mobile payment platform launched by SoftBank and Yahoo Japan last July, has received $419m in additional funding from the former.
May 9, 2019GoBear gets its paws on $80m
The financial comparison platform has received a total of $80m to date from investors including Aegon, at least $30m of which was secured in 2019.
May 9, 2019Featured Content
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