Financial

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.

AG2R La Mondiale committed capital to lending platform Younited Credit. The larger round is not surprising as the alternative lending space is experiencing a recovery after the pandemic shock.

Munich Re and Microsoft helped CO2-to-chemicals technology provider Twelve raise $57m while Eli Lilly and Kaiser Permanente-backed CRO dMed-Clinipac secured $50m.