VisionFund Myanmar has received $4m in financing from the Japan Women Empowerment Fund and Microfinance Initiative for Asia.  The financing will be in the form of a loan for a two-year term from the funds both managed by global impact investment manager BlueOrchard Finance. The company claims to have the largest reach in providing microfinance services in Myanmar and said they will...

Indonesia-based UangTeman has reportedly closed its $12m Series A investment round led by K2 Venture Capital.

Commercial finance company FGI has raised $140m in new financing from new equity investors. The company provides customised financing and risk management tools, focusing on cross-border lending and has developed FGI T.R.U.S.T. a web-based credit insurance management. The products provide a real-time, web-based credit insurance management platform utilized by both companies and financial institutions to ensure compliance of credit insurance policies. President and...

Payment processing company Pineapple Payments has received $35m from private equity firm Providence Equity Partners. Pineapple was only launched a year ago and is said to target B2B, B2G and integrated software vendors through its omni-channel payment acceptance tools. These range from mobile credit card readers and e-commerce integrations to physical credit card terminals and tablet point-of-sale systems. The company has a particular...

InfoCredit Services, which operates credit scoring platform CreditVidya, has raised $5m in a fresh round of funding led by US private equity firm Matrix Partners. Tech-focused venture capital firm Kalaari has also returned as an investor, after investing $2m in June 2016. The company said it will use the money to add a wide range of anti-fraud and verification services to...

RegTekSolutions Inc, a multi-jurisdiction regulatory reporting solutions provider, has raised $5m in a Series A funding round. The round was led by share marketplace company Deutsche Borse, via its DB1 Venture arm, and Illuminate Financial Management, which will both take a minority stake in the company. As a result of the deal Deutsche Borse managing director Holger Wohlenberg and Illuminate managing...

SME lender Aye Finance has raised 440m rupees ($6.2m) of debt from Triodos Bank's asset management arm. Triodos Investment Management's investment is said to be used to reinforce offshore interest on the Indian micro and small enterprise market. This is the second overseas fund raised by the company in the last four months, after it received an 800m rupees ($12.5m) investment...

Japan-based Tech Bureau has raised 1.6bn yen ($14.7m) to support infrastructure and service development of the company's cryptocurrency exchange Zaif. The company's Series B funding round was led by Japanese enterprise software company Infoteria and investment firm Jafco. As well as further development of Zaif, the company said that it will aim to expand its blockchain system Mijin and other private...

Lendingkart Finance has raised INR 70 crores ($10.5m) in equity funding from Sistema Asia Fund. The company says it aims to make working capital finance available to entrepreneurs by making it convenient for Indian SMEs to access credit easily. Sistema Asia Fund is a venture capital fund of Russian conglomerate Sistema. The firm was joined by Bertelsmann India Investment, Mayfield India, Saama...

Enterprise software company MapR Technologies has raised $56m from existing investors in a funding round led by Lightspeed Venture Partners. The company plans to use the money to continue its international expansion, particularly in Australia, Japan and South Korea and hopes to be breaking even at the end of 2018. The company is currently losing money. MapR's technology helps companies maintain...