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Deal Updates

MC Payments lands $4.4m for digital payments

Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.

SelfScore pockets $7.1m to serve international students

SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.

Ignition Wealth raises $762,000 from financial planning veteran

Robo-advisor Ignition wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.

Four major banks partner to push blockchain transactions

Four of the world’s largest banks are partnering to develop a digital currency with the aim of creating an industry standard for blockchain-enabled trades and transactions.

SigOpt takes $6.6m for research optimisation

SigOpt has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.

Peer-to-peer InsurTech startup Lemonade grabs funding

Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.

Scoro swipes $1.9m for workplace automation platform

Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.

BBVA says EU bonus cap holds back tech talent acquisitions

Spanish bank BBVA is complaining to the European Commission, expressing its concerns that regulation pertaining to EU caps on bankers' bonuses are damaging its ability to attract tech talent.

Impression Ventures closed second FinTech fund at $15.5m

Canadian VC firm Impression Ventures has reached a close for its second FinTech fund at C$20m ($15.5m).

Coda Payments takes $2m to expand around South-East Asia

South-East Asian payments gateway Coda Payments has raised $2m in a new round of funding from IMJ Investment Partners.

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