Funding Rounds

SME lending platform Kabbage has received a $250m investment from a subsidiary of SoftBank Group.

Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.

Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.

On-demand insurance startup Trov has secured $45m in a Series D round led by Munich Re / HSB Ventures. The company says all of its Series C round investors participated in the round.

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.

UK-based Tide has reportedly closed a $14m Series A funding round led by Anthemis and Creandum.

Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.

Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.

Cybersecurity platform VST Enterprises has closed its fourth funding round, picking up £11.4m.

Insurance data and machine learning platform Groundspeed Analytics has closed a $2m Series A round. InsurTech and FinTech investor ManchesterStory led the round.