Ant Financial expands reach with $200m investment in Kakao Pay
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.
OpenFin takes $15m from Wall Street firms
New York-based startup OpenFin has landed $15m in its Series B round from a host of Wall Street firms and their venture arms for its financial desktop applications operating layer.
Ant Financial backs Philippines FinTech player Mynt
Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.
Klarna and LendInvest backer Atomico closes new $765m fund
European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date.
ID Finance pockets $50m to expand into Latin America
Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.
Jakarta-based POS MOKA lands $2m in Mandiri-led round
Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.
Company cards startup Pleo picks up funding from Creandum
Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.
PayPal expands financial inclusion efforts with TIO buy
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
TrueLayer bags $1.3m to let devs plug into banks
Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.
ManchesterStory launches FinTech fund with $31m
A new fintech, healthcare and insurtech-focus venture capital fund ManchesterStory is launching with an initial $31m to invest.
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