Thursday, March 21, 2019
Tags Deal Update

Tag: Deal Update

Crypto App Donut Gets Sweet $1.8m Seed Funding

Donut, an investment app for digital assets, has completed a $1.8m seed round led by early-stage VC Redalpine. Read more: bankingtech.com

OKEx Trades Over $2.4bn In Crypto Derivates In 24 Hours, Tops...

OKEx just hit a record in crypto derivatives trading, knocking BitMEX off the top spot. Read more: bitcoinist.com

In Brief: India Mobile POS Firm Raises $31m From Existing Investors

India-based mobile point-of-sales company Mswipe has raised around 2.2 billion Indian rupees(US$ 31.7 million) in a new round of funding from existing investors. Read more: techinasia.com

Philippine-based InsurTech Startup Gets $1m Seed Funding from Sage Venture, Talino...

Philippine-based InsurTech startup Saphron has completed a US$1m seed funding with Sage Venture and Talino Venture Labs. Read more: techinasia.com

Tokopedia Invests in Digital Wallet Startup OVO

Tokopedia, the Indonesian e-commerce unicorn, has invested an undisclosed amount in digital wallet startup OVO, a source familiar with the matter confirmed to Tech in Asia. Read more: techinasia.com

Kakao’s Crypto Business Raises $90m Funding

South Korea-based Kakao’s crypto unit has raised $90 million through a private coin offering and is planning another round targeting a similar sum this week. Read more: bankingtech.com

In Brief: Chinese Digital Lender Nets Series C Funding, Brings Valuation...

Lufax, a Chinese online wealth management and retail-lending technology platform, has completed a US$1.3 billion series C fundraise, bringing its estimated valuation to US$39.4 billion. Read more: techinasia.com

CXA Nabs $25m Fresh Capital, Welcomes New Strategic Partners

Singapore-based healthtech platform CXA announced that it raised US$25 million in a recent fundraising round. Read more: techinasia.com

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce. Read more: crowdfundinsider.com

Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in New Funding

Canaan Creative, one of the biggest cryptocurrency mining equipment manufacturers in China, has closed a new funding round. Read more: coindesk.com