Ironbridge Capital has made a partial exit from Bravura Solutions, the Australia-based financial services administrator that raised A$148 million ($118 million) through a domestic IPO last November.
Hong Kong financial technology company TNG has secured a $115 million Series A to push its electronic payment solution
Krungsri Finnovate, the VC arm of Thai financial institution Bank of Ayudhya, has led a $3.2 million Series A round for domestic financial technology start-up Finnomena.
HighRadius, a US and India-based financial technology company focused on cloud computing services, has received $50 million from Susquehanna Growth Equity for a global expansion.
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QianbaoCard, a Shanghai-based start-up that provides financial services to local merchants and consumers, has raised a RMB1 billion ($152 million) Series B round of funding from Banyan Capital and other domestic investors.
China-based Qudian, previously known as Qufenqi, a VC-backed micro-lending services provider, has filed for an IPO on the New York Stock Exchange.
Zhong An Insurance, a Chinese online-only insurance business backed by Alibaba Group, Tencent Holdings and Ping An Insurance as well as several PE investors, is looking to raise HK$11.9 billion ($1.5 billion) through a Hong Kong IPO.
SBI Life, the life insurance subsidiary of the State Bank of India (SBI) whose backers include KKR and Singapore’s Temasek Holdings, has filed for an IPO.
Chinese private equity firm NewMargin Capital has led a $115.3 million investment in Hong Kong’s TNG Fintech. It is said to be the largest Series A round for a Hong Kong start-up to date.
TPG Capital has led a INR10.3 billion ($161 million) funding round for Indian microfinance lender Janalakshmi Financial Services.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering an investment of up to $200 million in listed financial institution Vietnam International Commercial Joint Stock Bank (VIB).
Tech Bureau, a Japan-based cryptocurrency exchange platform operator, has received JPY1.6 billion ($14.8 million) in Series B funding led by domestic venture capital firm Jafco.
Start-up fundraisings via the sale of cryptographic tokens, also known as initial coin offerings (ICO), are set to experience elevated legal enforcement risk in Asia following regulatory pressure in China and Hong Kong.
A group of VC investors including Sistema Asia Fund has committed INR700 million ($10.9 million) to Indian fintech platform Lendingkart Technologies.
The International Finance Corporation (IFC), the investment arm of the World Bank, has invested $10 million in Indian business-to-business e-commerce start-up Power2SME.
Abcfintech, a China-based cloud services provider, has raised a combined $30 million through an angel round and Series A round.
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Samara Capital and Norwest Venture Partners have made a partial exit from India's RBL Bank for INR4.95 billion ($77 million).
JS Capital Management has led a $16 million funding round for Indian mobile payment solutions provider Ezetap.
Sequoia Capital China has led a A$16 million ($13 million) funding round for Hyper Anna, an Australian artificial intelligence (AI) company focused on the financial services industry.
Capital Float, an online lending platform for small and medium-sized enterprises (SME) in India, has raised $45 million in a Series C round of funding led by Silicon Valley-based VC firm Ribbit Capital.
Singapore’s GIC Private has joined a group of investors including Yunfeng Financial Group (YFG), a Hong Kong-based financial services company backed by Alibaba founder Jack Ma, in a $1.7 billion acquisition of insurance provider MassMutual Asia.
Nippon Technology Venture Partners, Fisco Capital, and ABBALab have committed $9 million to Japanese cryptocurrency platform Tech Bureau.