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Deal Updates

Swiss SME lender Tradeplus24 secures $100m credit facility

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.

Big Squid grabs $3m to predict business scenarios

Predictive analytics firm Big Squid has landed $3m in a seed funding round led by Silverton Partners and Kickstart Seed Fund.

Warburg Pincus takes stake in core software firm Avaloq

Private equity firm Warburg Pincus is acquiring a 35% stake in Swiss financial software firm Avaloq. The deal will see Warburg Pincus pump a reported $300m into the Zurich-based company.

Lystable takes $10m to focus on freelancer payments

Freelancer management platform Lystable has raised a further $10m in funding to focus on payments. The funding is an extension of the $11m round it raised in June 2016.

Clarity Money grabs $11m for financial wellbeing app

Financial wellbeing app Clarity Money has landed $11m in a Series B round co-led by RRE Ventures and Citi Ventures. Bessemer Venture Partners and Maveron also participated in the funding.

London VC Octopus Ventures raises £120m to ride AI successes

London-based VC Octopus Ventures has raised a new £120m tech fund after a year of notable exits.

Full-stack FinTech provider Jirnexu closes Series A with $4.5m

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.

Carro parks $12m to pump into FinTech arm

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.

Dosh pockets $2m for automated cashback app

Automated cashback app Dosh has pocketed $2m in a Seed funding round as it prepares to launch in private beta mode.

MPOWER Financing bags funding to expand LatAm reach

Emerging markets-focused student lender MPOWER Financing has landed fresh funding from Latin American VC firms VARIV Capital and Chilango Ventures.

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