FinTech News

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.

Cloud payments service Dream Payments has raised $10m in a Series A round led by FairVentures - the innovation investing arm of Fairfax Financial Holdings.

Cross-border payments technology platform Currencycloud has picked up £20m from Alphabet’s venture arm GV (formerly Google Ventures).

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, a VAT recovery and governance solutions provider, is looking to accelerate its international expansion having raised $20m in funding.

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.

London-based automated savings app Oinky has raised $1m in seed funding from high-net-worth individuals across the finance and tech sectors.

There’s more investment going into Indian financial inclusion-focused lending platforms with Fincare picking up a $75m round.

Vancouver-based RentMoola has secured a $5m fundraise after signing new agency agreement with TriView Capital.

Da Vinci Capital has teamed former Elbrus Capital fund manager Yuri Popov and ID Finance to launch a $200m FinTech-focused debt finance fund.