Tencent has teamed up Korean online games developer Wemade Entertainment to invest KRW92 billion ($80 million) in Kakoo Talk, a popular Korean mobile messaging application.
The Chinese internet firm purchased 3.6 million shares, or a 13.8% stake, at KRW20,000 per share, while Wemade took 1 million shares, or 3.8%, according to South Korea newspaper The Chosun Ilbo. Kakoo...
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Juspay, a developer of mobile payment solutions for online businesses, has raised $21.6 million in a Series B round led by Vostok Emerging Finance, a Swedish investment firm.
Kyash, a Tokyo-based mobile banking start-up, has received $45 million in Series C funding led by Greenspring Associates and Goodwater Capital.
Australian VC firm Square Peg Capital has joined a $27 million Series B round for Singapore-based healthcare technology provider Doctor Anywhere.