Sector Updates

Money Forward has raised $11m in a Series D round led by Isetan Mitsukoshi Holdings and Mizuho Capital’s FinTech fund.

Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund.

The capital comes from NewAlpha Asset Management and Oddo & Cie and takes the total raised by the Paris-based company to more than $13m.

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

US remittances service Remitly has secured $38m in a new round of funding. The Seattle-based company offers mobile P2P remittances from the US and Canada.

Chinese open-source blockchain startup Antshares has raised $4.5m in its initial coin offering to complete the development of its blockchain platform.

E-commerce fraud prevention firm Riskified has grabbed $25m in a round of funding led by Israeli growth fund Qumra Capital.

Online trading platform IG Group is acquiring news and research portal DailyFX from foreign exchange market broker FXCM.

South Korean mobile payments firm Viva Republica has landed $23.7m for its Series B funding round. The company is the developer behind peer-to-peer mobile transfer app Toss.

Unocoin has grabbed a $1.5m funding round for its bitcoin platform. It will use the capital for product developments and to expand the business and team.