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.
Quantexa scores $3.3m to take on financial crime with data
Financial services big data and analytics company Quantexa has landed a $3.3m investment from Albion Ventures and HSBC. The London-based startup uses its data software to tackle financial crime .
Savings app Squirrel crowdfunds fresh £585,000
Savings app startup Squirrel has secured £585,000 in a crowdfunding campaign on SyndicateRoom, surpassing its £400,000 target. The capital comes from a group of 70 investors.
Stripe-backer Square Peg Capital closes $180m fund
Australian venture capital firm Square Peg Capital has closed its latest fund with $180m (AU$234m). The firm invested in payments disruptor Stripe’s $100m Series C round in July 2015.
Point-of-sale mortgage startup cloudvirga nabs $15m
Point-of-sale mortgage company cloudvirga has raised $15m in a Series B round. The funding for the Irvine, California-based startup comes from Blackstone Group portfolio company Incenter.
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.
