Financial wellness benefit platform FinFit Ops has closed a $35m senior credit facility from Ares Management.

Singapore-based Golden Gate Ventures is reportedly raising its third venture capital fund with a target of $100m.

Styles&Wood has landed contracts to deploy its Arctick governance risk and compliance (GRC) solution to support two financial services firms.

Invoice financing platform Investly has surpassed its initial crowdfunding goal of £500,002.

Multicoin Capital has launched a new cryptocurrency fund that will invest in blockchain tokens.

Personal finance platform Credit Karma has moved into the insurance space through the launch of its new service.

Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has received a $2.25m credit facility.

Capital invested in Australasian FinTech companies surpassed $750m across 56 deals last year Between 2015 and 2016, total FinTech investment in Australasia fell by more than half. This was mainly due to the absence of large deals valued above $100m. However, even when large deals are excluded from the analysis, funding from sub-$100m transactions also decreased by 7.5%. Investment...

WorldRemit, a digital money transfer platform, has launched its transfer services from within Africa to simplify the sending and receiving of money across the continent.

Australian business-only challenger bank Tyro has integrated with mobile payments giant Alipay.