Financial

Analysis: Trumid raises $208m
Bond trading platform developer Trumid raised its latest round, featuring Singapore Exchange, at a $2.4bn valuation. This is one of the latest examples of such multi-million dollar deals from the roaring fintech space.
At-Bay amplifies series D round to $205m
The cybersecurity insurance provider added $20m from Ion Crossover Partners for a round already backed by Microsoft and Munich Re, at a $1.35bn valuation.
Tala tells of $145m series E round
Upstart, PayPal and J Safra Group participated in a round in which the microfinance platform developer reached an $800m valuation.
DocuSign concocts corporate venturing vehicle
DocuSign Ventures will invest in technologies such as process automation, smart contracts, digital payments and identity verification.
Elliptic decrypts $60m series C round
SoftBank Vision Fund 2, Wells Fargo Strategic Capital and SBI Group were among the investors filling up the risk analysis software provider's coffers in its latest round.
M2P Fintech hauls in $35m
DMI Group was among the investors in a series C round valuing the banking API developer at $355m post-money.
Daily Deal Round Up: October 14, 2021
Neurological disease drug developer Axial raised $37.3m from investors including Taiho Ventures while Best Buy is purchasing OSF and Legal & General-backed remote healthcare technology provider Current Health.
Powerlist Q&A – Tarik Galijasevic, ASV
Q&A with Tarik Galijasevic, managing director, Allstate Strategic Ventures

Other News

Atome attains $500m from Standard Chartered
SoftBank-backed fraud detection software provider AIG’s BNPL subsidiary has entered into a decade-long collaboration scheme with Standard Chartered alongside the deal.
GPS navigates its way to $300m
Advent International and Viking Global Investors are set to take control of the Visa-backed payment processing technology provider once the transaction is completed.
Trumid traps $208m in funding
Singapore Exchange reinvested in the bond trading platform developer at a $2.4bn valuation, in a round led by Point Break Capital Management.
Halo grabs series C funding
Allianz Life Ventures contributed to a round that boosted the investment tools provider's overall funding to $120m.
UOB befriends Signum for $50m blockchain fund
UOB and the venture firm’s joint vehicle has reportedly reached a first close sized at more than half its ceiling and is on its way to a final close later this year.
Aviva revives Founders Factory alliance
The insurer has pledged $13.5m to startup accelerator and incubator Founders Factory through a partnership modelled after a similar five-year initiative in 2016.

Editor's Picks

Munich Re Ventures introduces $500m Fund II
The reinsurance provider's corporate venturing arm is bolstering its portfolio development activities alongside the launch of its latest fund.
Toast tops off $1bn initial public offering
The GV-backed restaurant organisation platform developer has issued $130m in additional shares to close its IPO and has a market capitalisation above $28bn.
Remitly rakes in $523m in IPO
Prosus, Visa, and Prudential Financial scored exits as Remitly went public, with Prudential divesting $32.5m of shares through the offering.
Airwallex accesses $200m at $4bn valuation
Payment technology provider Airwallex was valued at $4bn in its series E round, following earlier funding from Salesforce, ANZ Bank, Tencent and Mastercard.
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