Financial

Crowdfunded investment platform Republic has secured funding in a round co-led by Binance's venture capital and incubator arm.

The online lending marketplace, which counts Alibaba, Tom Group, Nan Fung, ING and Ule as investors, was previously reported to be targeting $500m.

Initial public offerings of companies from the life sciences sector appear to be rebounding in number during the first half of 2018 and news stories on our web from the past couple weeks clearly attest to it.

The specialist insurance network has received $19.8m in a CommerzVentures-led round backed by Marsh and Munich Re/HSB Ventures.

A stock exchange filing has revealed Info Edge and Temasek have invested $27.7m in the company, perhaps as part of its recent series F round.

The undisclosed controlling shareholder of appliance maker Wanjiale has supplied SoftBank-backed business lending platform Furongbao with funding.

Liberty Mutual Strategic Ventures has led a $7.3m round for insurance risk technology provider Rein, which released a drone insurance product last month.

Existing investor Tencent and BCA's Central Capital Ventura unit took part in a series B round that will fund international growth.

Financial firm Fidelity led the latest round raised by the rise-hailing company Lyft at a $15bn valuation

Bibox and XSQ were among about 30 investors in the cryptocurrency trading startup, which is developing a platform capable of 300,000 transactions per second.