French InsurTech Otherwise grabs €1.6m Seed round
Collaborative insurance startup Otherwise has picked up €1.6m in a Seed funding round. The investment comes from 360 Capital Partners and Bpifrance as well as other private investors.
Uber-rival Grab snatches Kudo to power up payments
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Turkish payments tool iyzico adds $2m to Series C
Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.
Indonesian bill-payment app Ayopop secures $1m Seed round
Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.
Nigerian SME lender Lidya pockets $1.25m
Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Newid Capital and several angel investors also participated.
soCash takes $600,000 to replace ATMs
Singapore-based soCash has raised $600,000 to let users get cash from shops rather than ATMS. The investment comes from angel backers in the banking and tech industries.
Balderton Capital sets out to raise sixth venture fund
London-based VC firm Balderton Capital is setting out to raise its sixth fund, according to an SEC filing. No target is set for the fund with the firm previously raising $305m for its fifth fund in 2014.
Ledger banks $7m for cryptocurrency security hardware
Cryptocurrency security hardware maker Ledger has raised $7m in a Series A round co-led by MAIF Avenir and Xange.
Decisely scores $60m for SME HR and benefits platform
HR and benefits platform for Decisely has raised $60m in a funding round from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants, a Carlyle Group portfolio company.
Quint Group secures £10m for refinancing
Quint Group has secured £10m from Manchester-based Tosca Debt Capital to fund its recapitalisation. Quint Group operates a number of FinTech properties including MoneyGuru.com.
