Yunzhangfang.com said to net $14m investment from Hillhouse Capital
Corporate finance and tax management company Yunzhangfang.com has reportedly picked up a $14m investment from China-based Hillhouse Capital Group.
Melio reaches unicorn status after the close of $110m round
Melio, which helps small businesses digitally manage their supplier payments, has collected $110m in funding, shooting its valuation to $1.3bn.
FinTech investor tryb pumps $4m into smart contracts firm Chinsay
Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.
Even Financial closes $3m strategic investment
Financial services technology developer Even Financial has closed a $3m strategic investment from a group of backers.
Faction brings in $18m to support product, global expansion efforts
Faction, a multi-cloud platform developer, has secured $18m in its Series B financing round to support product expansion.
Conduent to sell human resources business to H.I.G. Capital
Conduent Incorporated has agreed to sell its US-based human resource consulting and actuarial business H.I.G. Capital.
Indian supply chain startup CredAble closes Series A
Mumbai-based supply chain financing startup CredAble has reportedly closed a $15m Series A round of funding.
ClickSWITCH scores $3.5m in its Series A led by Commerce Ventures
ClickSWITCH, a platform designed to ease the switching of recurring payments to new accounts, has netted $3.5m in its Series A.
Zenmonics receives minority investment from Fidelity
Zenmonics, a software developer for financial institutions, has received a minority investment from Fidelity National Information Services (FIS).
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.