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Financial

Ant Financial looks to Ascend

Alibaba's financial services affiliate is set to take a 20% stake in Thailand-based Ascend Money, shortly after investing $35m in Shanghai Suntime Information Technology.


Jun 21, 2016

Plaid forms funding pattern with $44m

Goldman Sachs has led the first round for the Alphabet-backed financial app technology provider since it came out of stealth last year.

Jun 21, 2016

Fund in the News: Robert Bosch Venture Capital

Robert Bosch's corporate venturing unit recently launched a $170m third fund, and China and agribusiness startups are on the menu, according to managing director Ingo Ramesohl.

Jun 20, 2016

4Di receives Exponential support for VC fund

MMI Holdings' Exponential Ventures unit is the largest limited partner in a $16.5m fund closed by South Africa-based venture capital firm 4Di Capital.

Jun 16, 2016

PromisePay engages in $10m series A

Carsales.com has co-led a funding round for fintech developer PromisePay, which will use the money to expand internationally.

Jun 16, 2016

Investors credit Payoff with new funding

Tencent-backed Payoff has secured $46.7m out of a round expected to reach $67.4m, adding to the $38.4m in capital it had previously raised.

Jun 16, 2016

Fenqile consumes $235m in series C round

An undisclosed Chinese insurance provider has co-led a series C round for Fenqile, whose shareholders also include JD.com and Bertelsmann.

Jun 15, 2016

FinLeap reaches new heights with Hannover Re backing

The reinsurance firm has taken part in a $23.6m round for fintech company builder FinLeap that was closed at a $136m post-money valuation.

Jun 13, 2016

Global Venturing Review of the week's highlights

Cisco is the main news of the past week but there's been plenty of fund launches and deals struck.

Jun 13, 2016
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