Flow bags $16m to solve cross-border e-commerce problems
Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.
Meniga picks up €7.5m to help banks adapt to FinTech
Digital banking platform Meniga has picked up €7.5m in a round led by Nordic VC Industrifonden. Existing backers Velocity Capital, Frumtak Ventures and Kjolfesta also participated.
Chinese credit assessment startup Wecash lands $80m
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
FinTech investor tryb pumps $4m into smart contracts firm Chinsay
Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
Perfios nabs $6.1m to crunch data for banks
FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.
Uber-rival Grab snatches Kudo to power up payments
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Turkish payments tool iyzico adds $2m to Series C
Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.
Indonesian bill-payment app Ayopop secures $1m Seed round
Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment with angel backers also participating.
