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Financial

CompareAsiaGroup finds the right investors to raise $50m

Alibaba and SBI Group have come on board as investors, in a series B round that boosted the Southeast Asian financial comparison platform's total funding to about $95m.


Jul 11, 2017

Slowdown in IT

Sector focus: IT

Jul 11, 2017

Big Deal: Ofo obtains $700m

The Alibaba-led series E round has proven the latest milestone for China's rapidly growing bike sharing sector as its biggest players look to move into foreign streets.

Jul 10, 2017

Rebel Venture Fund responds to Echo

The student-led university venturing fund from University of Nevada, Las Vegas has committed capital to Echo Payment Systems.

Jul 5, 2017

Instarem processes $13m funding transaction

The international money transfer platform will use proceeds from the SBI-backed round to expand throughout Europe and into the US.

Jul 5, 2017

Three team up for insurtech

Entrepreneurs in InsurTech Garage will potentially raise money from Barcamper Ventures and receive support from corporates Cisco and Reale Mutua.

Jul 3, 2017

InvestCloud launches UK innovation initiative

InvestCloud Innovation Center London will operate as an incubator and accelerator for startups looking to develop financial technology on InvestCloud's platform.

Jun 30, 2017

ZhongAn sets up $1.5bn Hong Kong IPO

Ping An, Tencent and the Alibaba-affiliated Ant Financial jointly own 40% of the online insurance platform, and are set to exit in an offering that could take place this year.

Jun 30, 2017
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