Funding Rounds

Bangalore-based OKCredit has completed a $67m Series B funding round led by Lightspeed Venture Partners and Tiger Global as the country’s FinTech scene has raised over $13bn since 2014.

Prevu, a digital home buying platform, has closed its seed round on $2m, with an aim of expanding into new geographic markets.

Lacework, a cloud security platform, has raised $42m in funding round Sutter Hill Ventures and Liberty Global Ventures.

Bot and online fraud mitigation platform Shape Security has raised $51m in a new growth funding round, which brings its valuation to $1bn.

Following a rise in PropTech investments, American Patch Homes has closed a $5m funding round.

Challenger banks could be seen as one of the main figure heads for the FinTech sector, and the sector has been growing at an accelerated rate.

Singapore-based Arival Bank has pulled in £1.87m in a pre-Series A equity crowdfunding campaign on Crowdcube.

Pluang, an Indonesian company democratizing access to financial products in the country, has raised $3m in Series A funding.

Cyware Labs, a threat intelligence sharing platform, has raised $3m in its seed round from a consortium of investors led by Emerald Development Managers.

Cerberus Capital Management has acquired a majority-stake in equipment finance solution provider Axsesstoday.