Financial

Consumer credit platform Kissht has secured $10m from a consortium including Fosun to fund expansion in India and improve its data science capabilities.

Existing backer Orange Digital Ventures and fellow corporate investor Stripe have participated in mobile bank Monzo's latest round.

The Intel Capital-backed gaming equipment and accessories provider will float near the top of its range in Hong Kong.

Reports suggest that the financial services firm has launched a fund sized at up to $30m and hopes to scale it quickly.

Tencent, Baidu, JD.com and BitAuto are all set to record exits, after the automotive financing platform filed to go public in Hong Kong.

International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.

The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.

Mitsui has come on board as an investor, in a round that valued the cross-border financial transfer platform at $1.6bn.

The payment platform has cancelled its IPO plans and raised $7.7m in a round backed by property developer Meydan Group.