Dymon Asia Ventures reaches first closes for $50m FinTech fund
Singapore-based Dymon Asia Ventures is the FinTech-focused venture arm of hedge fund Dymon Asia Capital and aims to invest in 12 to 15 early-stage companies across South-East Asia.
Payments-as-a-service provider Dream Payments nabs $10m
Cloud payments service Dream Payments has raised $10m in a Series A round led by FairVentures - the innovation investing arm of Fairfax Financial Holdings.
GV backs cross-border payments service Currencycloud
Cross-border payments technology platform Currencycloud has picked up £20m from Alphabet’s venture arm GV (formerly Google Ventures).
Align Commerce rebrands to Veem, closes $24m
Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. National Australia Bank (NAB) Ventures led the Series B round.
VATBox lands $20m in Target Global-led funding round
VATBox, a VAT recovery and governance solutions provider, is looking to accelerate its international expansion having raised $20m in funding.
Kid-friendly banking app Current picks up $3.6m
Mobile banking and payments platform Current has closed $3.6m in a seed funding round. Existing backers Expa and Human Ventures contributed along with Future Perfect Ventures.
Oinky snuffles $1m for savings app
London-based automated savings app Oinky has raised $1m in seed funding from high-net-worth individuals across the finance and tech sectors.
Financial inclusion group Fincare lands $75m
There’s more investment going into Indian financial inclusion-focused lending platforms with Fincare picking up a $75m round.
RentMoola secures $5m fundraise from TriView Capital
Vancouver-based RentMoola has secured a $5m fundraise after signing new agency agreement with TriView Capital.
ID Finance, Da Vinci Capital launch $200m FinTech fund
Da Vinci Capital has teamed former Elbrus Capital fund manager Yuri Popov and ID Finance to launch a $200m FinTech-focused debt finance fund.
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