Financial

Rocket Internet followed compatriot Zalando on to the Frankfurt Stock Exchange today at the top of its range, only to see its shares subsequently fall.

Real estate crowdfunding platform Fundrise has added more capital to its Renren-backed series A round, which now stands at $38m.

The credit monitoring company increased its overall funding to nearly $200m and its valuation above the $1bn mark after raising a new round backed by Google's growth capital unit.

Google was among the investors for the share trading service's $13m series A round, which follows a $3m seed round from December.

The payment services company has now secured $19m across two rounds from backers including Commerzbank and Software AG.

The bank's corporate venturing unit contributed to an expansion of Taulia's series D round increasing its overall funding to $70m.

Personal finance app Tongbanjie has raised nearly $50m in series B funding from backers including IDG and Legend Holdings.

Digital media firm Ardent Capital, already backed by Siemer & Associates, GMO and Recruit, has raised $12.5m from Sinar Mas to expand its e-commerce model into Indonesia.

The venture firm would raise the sum, which effectively doubles the expected size of the IPO, if it floats at the mid-point of its range.

Mobile payments company Monitise has seen its shares tumble after Visa, the fourth largest shareholder in the company, announced plans to reduce its interest.