Funding Rounds

Capital Markets Gateway (CMG), a FinTech specialising in equity capital markets, has secured a strategic investment of $25m from several financial firms.

Data compliance developer OneTrust has more than doubled its valuation in a year to $2.7bn, after it closed a new $210m Series B.

Ravelin, the London-based fraud detection startup, has secured £16.4m to fund its expansion into new markets and reach more industries.

Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.

Canada-based online lending platform Progressa has netted $84m in an equity and loan funding round.

Smartcar, an API developer platform for connected vehicles, has closed a $24m Series B round led by Energize Ventures.

Singapore-based FinTech CrossFund has secured an additional $1.5m in its latest funding round, bringing its valuation to an impressive $47m.

PVML, a burgeoning innovator in the field of secure, AI-enabled data access, has successfully closed its Seed funding round, netting $8m.

MixMode has collected $4m in its funding round which will go towards expanding its network traffic analytics platform.

Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, has announced a significant stride in the insurance industry, unveiling the successful sponsorship of a catastrophe bond from Mountain Re Ltd.