Financial

Rita Waite, a Juniper Ventures investment manager who was part of this year's GCV Rising Stars list, will join financial services firm Millennium's payment products team.

UC Berkeley will offer participants up to $200,000 from its X-Fund as it looks to build a blockchain ecosystem connecting resources from university departments, Silicon Valley and further afield.

PayPal followed an investment in 2017 by participating in a series D round for the cross-border savings platform that will fund geographic expansion.

The BBVA and USAA-backed digital wealth manager has now raised about $265m altogether, after scoring $50m in a series F round led by IGM Financial.

Hiscox has led CoverHound's series D round, which also attracted Chubb, Aflac and MS&AD, bringing the insurance comparison platform’s overall funding to more than $112m.

Thomas Whiteaker, who helped spin out Propel Venture Partners from banking firm BBVA, has gone to IBM Ventures as a partner to oversee fintech investments.

The banking software development platform received series A funding from investors including HSBC and Goldman Sachs, which co-led the round, Banco Sabadell and ANZ.

Orange and Experian have both taken part in a round that will be used to expand the reach of Aire's credit assessment tool in the US.

Better Mortgage boosted its overall funding to about $115m, closing a series C round in which American Express Ventures came onboard as an investor.

Partech Africa has achieved a final close of $143m with limited partners including Orange, Edenred, JCDecaux, Bertelsmann, L’Oréal, Axian Group and Texaf.

Recruitment business Andela raised $100m series D round featuring Alphabet