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Deal Updates

Deloitte backs blockchain financial inclusion startup Humaniq

Blockchain-based banking startup Humaniq has landed backing from professional services giant Deloitte. The size of the round is undisclosed.

Irish investing app Rubicoin pockets €1.4m

Irish investing app maker Rubicoin has secured a €1.4m funding round from Enterprise Ireland and investment advisor Motley Fool.

Source Code Capital closes third fund with $260m hard cap

Chinese early-stage venture firm Source Code Capital has reached a final close of its third US dollar fund at a $260m hard cap.

Better grabs $1.1m to prevent health insurance data errors

Health insurance startup Better has raised $1.1m in a seed funding round. Initialized Capital led the investment with Designer Fund and angel investors also participating.

MortgageHippo bags $2.5m for white-labelled online platform

Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures, the VC are of CUNA Mutual Group.

Xero takes on a fresh $26.4m from Silicon Valley investor TCV

New Zealand Stock Exchange-listed accounting software-maker Xero has landed $26.4m from US late-stage investor Technology Crossover Ventures (TCV).

Factom pulls in additional funding to take Series A passed $8m

Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity and a number of local Austin investors joined the extended round.

Ant Financial boosts global reach with HelloPay acquisition

Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. The financial terms of the deal are undisclosed.

Dome9 collects $16.5m to deliver security and compliance

California-based Dome9 Security, a provider of cloud infrastructure security solutions, has raised $16.5m in Series C funding.

Micro-insurer BIMA lands $16.8m to grow in Asia

Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish InsurTech startup already works alongside the firm in several markets.

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