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Deal Updates

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.

Yongqianbao nabs $67m for micro lending app

Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.

Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round.

Emergent Payments scores $5m to reach more merchants

Emergent Payments has raised $5m in an equity funding round from Responsible Gold Holding as well as existing backers.

Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.

Smyte scores $4m to look out for spam and scams

Online security startup Smyte has nabbed a $4m Series A round led by Avalon Ventures. Baseline Ventures, Founder Collective, Harrison Metal, Upside Partnership and Y Combinator also participated.

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