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Financial

Rapyd racks up another $20m

Stripe-backed payment localisation platform Rapyd raised the cash from Durable Capital Partners at a reported $1.2bn valuation to help drive its merger and acquisition strategy.


Dec 5, 2019

Konfio counts up $100m from SoftBank

SoftBank Innovation Fund helped the business lending platform increase its total funding to more than $140m as it looks to expand its services.

Dec 4, 2019

DIP enlists startups for 11th AI.Accelerator

Half a dozen startups will make up the 11th batch of staffing services firm DIP's 12-week AI.Accelerator initiative.

Dec 4, 2019

Portag3 Ventures protacts Fund II to $321m

Green Shield Canada, Alterna Savings and several insurers chipped in as the fintech-focused venture firm closed its second fund.

Dec 3, 2019

FinAccel finishes series C with $90m

The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.

Dec 3, 2019

Figure eyes $103m series C

The online finance provider is closing in on $103m in series C funding, having previously raised a total of $120m from investors including CreditEase Fintech Investment Fund.

Dec 2, 2019

Mandiri Capital appoints Agusta as director

Bank Mandiri's fintech-focused investment arm has hired former MDI Ventures vice-president Joshua Agusta as director of fund investments.

Dec 2, 2019

Acko to accept $20m from Binsal

The Amazon and Intact Financial-backed insurance provider is raising $40m to $42m in a round that will include $20m from Benny Binsal.

Dec 2, 2019

Koho cooperates with NAventures for more funding

The mobile banking platform developer lured National Bank of Canada's venture capital unit to an $18.8m round led by Drive Capital.

Dec 2, 2019

Analysis: IPOs of corporate-backed businesses possibly cooling down

The number of flotations of companies that have previously received corporate backing has been growing over the past years but by the end of 2019 they may register a slight slowdown.

Dec 1, 2019

Corporate venturing deal net: 25-29 November 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Nov 29, 2019

ALI takes off with fresh funding

Kyocera, JR West, Mitsubishi Electric, Mitsubishi Hitachi Power Systems, Mitsui Sumitomo Insurance, Opt, Saibu Gas and Trust Tech contributed to a $21.1m round for the drone and blockchain technology developer.

Nov 29, 2019
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