CreditEase FinTech fund unveils three new US investments
The fund counts more than $1bn in total committed capital and aims to back growth-stage companies in China as well as global markets.
Simplesurance lands Rakuten backing as funding passes €30m
Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.
Insurify takes $4.6m for car insurance comparison bot
Insurance policy comparison bot Insurify has raised $4.6m in a Series A round co-led by MassMutual Ventures and Nationwide Ventures.
New FinTech VC Reciprocal Ventures looks for $60m
There’s another new FinTech-focused venture firm launching with Reciprocal Ventures seeking $60m for its debut fund.
Spark Capital closes second growth fund at $606m
Affirm, eToro and Wealthfront backer Spark Capital has closed its second growth fund at $606m, according to an SEC filing.
Blockchain Capital looks to ICO for new $50m fund
Blockchain Capital is planning to make an initial coin offering (ICO) to raise capital for its new $50m fund.
TTV Capital closes fourth FinTech fund with $93m
Atlanta-based FinTech investor TTV Capital has closed its fourth fund with $93m. The fund is more than twice the size of its third fund that closed at $40m in 2013.
mBank launches €50m Eastern European FinTech fund
Polish bank mBank is launching a €50m FinTech investment fund to and accelerator to back startups across Central and Eastern Europe.
Bill payments processor Noventis seals $4m debt deal
Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
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