Japanese banking giant MUFG launches JPY20bn FinTech fund
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has launched a JPY20bn ($185m) FinTech-focused venture capital fund targeting US and Asian startups.
Financial planning software developer Vena Solutions gets $115m equity financing
Cloud-based financial planning and analysis software developer Vena Solutions has picked up $115m of equity financing led by JMI Equity.
OneDigital Health acquires Cherry Creek Benefits
Employee benefits and HR company OneDigital Health and Benefits has acquired fellow operator in the space Cherry Creek Benefits.
Underscore VC’s Fund II goal in sight after raising over $132m
Boston-based Underscore.VC has raised over $132m for its sophmore venture capital fund, setting it just a few million dollars away from its fundraising goal. The...
VC-backed Invoice Cloud gets General Atlantic investment
Vertical software, billing, and payments solutions provider Invoice Cloud has seen global growth equity firm General Atlantic buy up a majority stake in the business.
China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting edge industry
The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.
Plaid powers to $2.65bn valuation through hefty Series C financing round
Plaid, which specialises in tech and development tools for financial services software and apps, has hit a huge $2.65bn valuation through its latest financing round.
Entertainment industry payroll software provider Cast & Crew changes private equity hands
EQT is the latest private equity owner of entertainment industry payroll and HR tech developer Cast & Crew Entertainment Services, after agreeing a buyout from global tech investment major Silver Lake.
KKR leads $100m funding round for FinTech-focused Cross River Bank
KKR has led a $100m funding round in FinTech-focused Cross River Bank, committing $75m primarily from its Private Credit Opportunities Partners II vehicle. KKR was joined in the...
FinTech-focused Cross River Bank gets $100m KKR-led funding round
FinTech-focused banking-as-a-service provider Cross River Bank has picked up a $100m funding round led by private equity giant KKR.