Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.
Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.
On-demand insurance startup Trov has secured $45m in a Series D round led by Munich Re / HSB Ventures. The company says all of its Series C round investors participated in the round.
Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.
UK-based Tide has reportedly closed a $14m Series A funding round led by Anthemis and Creandum.
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.
Cybersecurity platform VST Enterprises has closed its fourth funding round, picking up £11.4m.
London and Tel Aviv-based venture firm 83North has closed a new fund with $250m. The fund is the firm’s fourth raised in 11 years and brings its total under management to $800m.
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