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Kuala Lumpur-based FinTech provider Jirnexu has closed its Series A round with $4.5m in the bank. The round is finishing up with a $1.5m investment following on from the $3m Jirnexu raised in May 2016.

Florida-based InsurTech platform Ensurem has closed a $12.25m capital commitment from an affiliate of A-CAP.

Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.

SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup

The increase in corporate venture funds is leading to more capital becoming available to startups - but strong entrepreneurs should be wary according to...

FinTech remains hugely attractive to investors across the UK and Europe as it evolves beyond simple apps carrying out single transactions into services based on customer relationships and trust.

A "nirvana moment" at Octopus Group has seen it become the latest established firm to launch an in-house tech incubator to keep pace with disruption in the industry.