WealthTech

PayPal-backed ride hailing and e-wallet company Gojek has paid $200m for a 22.1% stake in the Indonesian bank Jago.

Ownership of portfolio and work management company Planview has changed hands through a new deal between new majority owners TPG Capital and TA Associates and Thoma Bravo, who will retrain a minority stake.

The coronavirus crisis has made it near impossible to meet new clients face to face, which is why technology is playing an increasingly important role in the process of managing customer relationships.

Neobank Xinja may have raked in some of the biggest funding rounds in Australia, but now it's blaming Covid-19 and a tough market for its decision to drop out of banking.

Retail banks have four sub-segments within their existing client base that they have largely unexplored, according to cloud-native savings and investment platform Nucoro.

France-based mobile payments app Lydia has secured an additional $83m in its Series B, bringing the round total to $131m.

Self Financial, which helps consumers build credit and savings, has held the final close of its Series D on $40m.

Vise AI, an investment management platform, has closed $45m in its Series B funding round, which was led by Sequoia Capital.

Public.com, which claims to be the investing social network, has scored $65m in its Series C round, coming less than a year after its Series B.

Client lifecycle management solution Wealth Dynamix will help to digitise the onboarding functions of an unnamed French independent private bank, as part of a new partnership.