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Singapore fintech firm MatchMove gets $100 mln funding

By Reuters Staff
1 Min Read
SINGAPORE, June 10 (Reuters) - Singaporean fintech company MatchMove Pay said on Thursday it had received a $100 million investment from U.S. based IT services provider Nityo Infotech Corp to support efforts to expand its presence to more markets.
MatchMove will be valued at $600 million following the deal and Nityo, which operates in 38 countries, will become its largest shareholder, the joint statement said. MatchMove helps companies embed digital financial services into their existing platforms or apps. It has regulatory approval to operate in six countries including India, Indonesia and Malaysia.
Its other investors include Singapore-listed Singapura Finance and Japan’s NTT Investment Partners. (Reporting by Chen Lin in Singapore Editing by Ed Davies)

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Ledger completes new fundraising, valuing firm at over $1.5 bln

French technology and digital company Ledger said on Thursday that it had completed a new $380 million round of fundraising, which Ledger said gave the company a valuation of more than $1.5 billion.

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Tech group Ledger completes new fundraising, valuing it at over $1.5 billion

French technology and digital company Ledger said on Thursday it completed a new $380 million fundraising round that gave it a valuation of more than $1.5 billion.

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Indonesia sovereign wealth fund turns towards tech sector

Indonesia's new sovereign wealth fund is negotiating an investment deal in digital infrastructure and is exploring potential investment in the tech sector, its chief executive said on Thursday.

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Shares in Australia's IRESS jump following talk of investment bank interest

* Shares surge the most since 2018
* IRESS has not received any direct approach - Co
SYDNEY, June 10 (Reuters) - Shares in Australian trading software company IRESS jumped the most since 2018 on Thursday after investment banks sought to buy a small shareholding in the firm on behalf of an anonymous buyer, sources said.
Shares in IRESS, one of the main providers of trading and investment software to Australian brokerage firms, jumped over 16% after the Australian Financial Review newspaper’s Street Talk column said investment bank Barrenjoey had been seeking to buy shares on behalf of a financial sponsor.
Melbourne-based IRESS told the market in a statement that it had been aware of “market activity by an unknown participant or participants”, but that it had “not received any direct approach”.

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UPDATE 2-S.Africa's TFG plans tech hiring spree after sliding to a loss

* Firm holds back final dividend (Recasts with new tech hires, Jet standalone homeware stores)

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UPDATE 1-Ireland says too soon to say whether global tax rate will be set at 15%

The global minimum corporate tax rate of 15% proposed by the Group of Seven wealthy nations is just a signpost and it is too early to say whether agreement can be reached on that or any figure, Irish Finance Minister Paschal Donohoe said on Thursday.

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Ireland says too soon to say whether global tax rate will be set at 15%

The global minimum corporate tax rate of 15% proposed by the Group of Seven wealthy nations is just a signpost and it is too early to say whether agreement can be reached on that or any figure, Irish Finance Minister Paschal Donohoe said on Thursday.

Ireland , Dublin , Irish , Alex-richardson , Paschal-donohoe , Conor-humphries , Padraic-halpin , Thomson-reuters-trust-principles , Reuters , Organisation-for-economic-cooperation , Irish-finance-minister-paschal-donohoe , Economic-cooperation

Brazil startup Buser raises $138 million from LGT, Softbank and others

Brazilian intercity bus startup Buser said on Thursday it had raised 700 million reais ($138 million) from LGT Lightrock, Softbank, Monashees and other venture capital firms to fund new services aimed at a ten-fold expansion next year.

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LifeStance Health valued at more than $7 bln in U.S. IPO

By Reuters Staff
1 Min Read
June 10 (Reuters) - LifeStance Health Group Inc’s shares jumped over 11% in their Nasdaq debut on Thursday, giving the therapy provider a market value of nearly $7.5 billion and underscoring demand for mental health services during the COVID-19 pandemic.
The company’s stock, backed by an affiliate of buyout firm TPG, opened at $20, compared to the initial public offering price of $18 set on Wednesday. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Shailesh Kuber)

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