SBI Investment, the VC arm of Japan's SBI Holdings, has agreed to lead a Series B round for US-based bitcoin exchange Kraken.
Financial technology investor Apis Partners has committed $25 million to India-based ATM provider Electronic Payments & Services, with more available to support bolt-on acquisitions
Everbright ReinFore, a private equity arm under China Everbright Group, has led a Series B round of funding for Huasheng Finance, a Chinese online lending platform.
China Merchants Bank (CMB) has agreed to invest in Chinese ride-hailing app Didi Kuaidi, and to create a strategic partnership with the company as well.
With $160 million in Series B funding, Hong Kong-based WeLab wants to upgrade its people and technology in order to build a China online lending platform of real scale
J.C. Flowers has agreed to buy the Australia and Japan businesses of Chi-X Global Holdings, an alternative equity trading platform that competes with primary exchanges, as well as the company’s Hong Kong-based technology services unit.
Apis Partners has invested $25 million in Indian payments service provider Electronic Payments and Services (EPS).
Malaysian government-backed investor Khazanah National has led a $160 million Series B round of funding for WeLab, a Hong Kong-based mobile lending and credit analytics platform.
Shanghai Lujiazui International Financial Asset Exchange (Lufax), a Chinese online finance platform controlled by Ping An Insurance Group, has completed a $1.22 billion round of funding.
Sequoia Capital and China Taiping Insurance have led a RMB6.65 billion ($1 billion) funding round for JD Finance, the financial subsidiary of online retailer JD.com.
Indian microfinance lender Janalakshmi Financial Services has raised INR3.3 billion ($50 million) from UK government-backed development finance institution CDC Group.
Olympus Capital commits $30 million to support the roll-out of CreditAccess Asia's microfinance business in new markets
Olympus Capital Asia has agreed to invest $30 million in CreditAccess Asia, but this could just be the starting point as the India and Southeast Asia-focused microfinance institution (MFI) pushes into new markets, with Vietnam the likely next target.
Ujjivan Financial Services, an India-based microfinance institution (MFI) that has been awarded a banking license, has filed for an IPO, which would facilitate exits for several private equity backers.
First State Super teams up with local VC player H2 Ventures to back Australia financial technology start-ups
Sumitomo Mitsui Financial Group (SMFG) has agreed to buy GE Capital’s Japan leasing business for JPY575 billion ($4.8 billion) as parent company General Electric continues to pare its assets.
Yirendai, an online peer-to-peer (P2P) online platform owned by China-based micro-credit loan player CreditEase, is looking to raise up to $82.5 million through its US IPO.
The Overseas Private Investment Corporation (OPIC) has committed $200 million to LeapFrog Investments as part of a $1 billion financing drive for development-oriented funds in emerging markets.
Maidai Licai and China Top Credit, two Chinese online finance platforms wholly-owned by CITIC Private Equity, have raised RMB420 million ($65 million) from their parent company and other strategic investors.
First State Super has teamed up with VC firm H2 Ventures to support financial technology start-ups. The Australian superannuation fund expects to deploy around A$250 million ($182 million) in technology innovation.
General Atlantic has promoted Mumbai-based Rajat Sood to principal. He has been with the firm since 2007 and was previously vice president.
Canada Pension Plan Investment Board (CPPIB) and Temasek Holdings have participated in a RMB45.1 billion ($7.5 billion) pre-IPO funding round for The Postal Savings Bank of China (PSBC)
Venturra Capital, the recently launched Southeast Asia VC firm sponsored by Lippo Group, has invested an undisclosed amount in Singapore-based bitcoin start-up BitX.
DBS Bank will invest S$10 million ($7 million) over the next five years in initiatives aimed at supporting Singapore start-ups.