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Deal Updates

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.

Moneytree lands $9m to expand beyond Japan

Japanese financial management platform Moneytree has picked up ¥1bn (~$9m) in a Series B funding round. SBI Investment led the round for the Tokyo-based company.

Fabric nabs $2.5m to simplify life insurance

Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. The startup's basic package only covers accidental death, which it says is the primary cause of death for 25 to 34-year olds.

Private Equity firms partner for WealthTech platform

Mid-market private equity firm Parethenon Capital Partners and M2 have teamed up with former Matrix Financial Solutions president John Moody to launched a wealth management platform.

Startup investment platform CircleUP looks for $100m

Investment platform for small consumer brands CircleUp is planning to raise $100m, according to an SEC filing.

Airpay picks up $3.6m for enterprise payments

Enterprise payments service Airpay has picked up $3.6m as part of its Series A. Kalaari Capital led the round for the Mumbai-based company.

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