Tag: US

Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.

Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.

Palo Alto-based FinTech investor Ribbit Capital is on the hunt for a new fund. The Wealthfront, Avant and Funding Circle backer is looking for $300m, according to an SEC filing.

Early stage VC Floodgate has closed its latest fund at $131m according to an SEC filing that shows the firm brought in cash from eight investors.

In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.

Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.

After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.

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.

Silicon Valley and Singapore-based VC firm K2 Global has closed its new fund with $183m to invest across Asia and the US.

AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Hyde Park Venture Partners and Cahoots Holdings also participated.