SpherePay, Singapore’s homegrown mobile payment app, has completed a fundraising round of over USD10 million. With this latest round of funding and the affirmation of its strategic partnership with oBike since last December, SpherePay is well-placed to be the top three payment platforms in Southeast Asia. It currently serves over five million users and has more than 10,000 merchants in the region.   Last year, SpherePay announced its strategic partnership with oBike, Southeast Asia’s largest bike sharing operator. In a move that is set to deepen its partnership, SpherePay will integrate oBike’s operating system into its app. This means that

Pemberton, a diversified asset manager backed by Legal & General Group, has provided senior term facilities to Cinesite Studios, an independent digital entertainment company. Cinesite Studios, headquartered in London, produces award-winning feature animation and visual effects for the film and television industries. Productions it has worked on include Game of Thrones, Harry Potter, Skyfall, Thor, Fantastic Beasts & Where To Find Them, and The Commuter.   Pemberton will initially provide Cinesite with USD40 million for general funding and acquisition finance purposes. Pemberton will be supported by Barclays Corporate Banking, which will provide USD4 million of revolving credit facilities. Together, Pemberton

NTR has closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totalling a Euro equivalent of EUR66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already in operation. The new debt facilities are for Castlecraig, a 25MW wind farm located in County Tyrone, Northern Ireland using Nordex turbines and financed by First Trust Bank (AIB Group) (GBP33.6 million), and the Rathnacally wind farm located in County Cork using Senvion turbines and financed by Nord/LB (EUR9.6 million).

Duco, a data engineering technology company, has closed a USD28m investment round led by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde. Duco provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate and reconcile any type of data in Duco’s cloud, providing firms with on-demand data integrity and insight. The company has seen rapid and global growth as the industry re-platforms, adopting advances in leading technology to eliminate operational risk and cost and making actionable data more immediately available

Specialist engineering business, Northern Escalator Installations, has secured a GBP6.4 million investment from BGF to support its expansion in the UK and Europe. Founded by MD Kevin Johnson in 1999, the Halifax-headquartered company installs, refurbishes and repairs escalators.   Employing a team of 85 precision engineers and technical staff, recent works include escalator installation at Anfield Football Stadium in Liverpool and Paddington Station, as part of the London Crossrail Underground. The group generated revenues in excess of GBP12 million in 2017.   Northern Escalators has been winning a growing number of contracts in mainland Europe, and established a second base

Payvision, a global merchant acquirer and omnichannel payment provider, has sold 75 per cent of its business, announced today, in a strategic partnership with ING. Payvision says the deal will help it accelerate its ambitious growth plans, extend its global network and broaden its payment product portfolio. Payvision is valued at EUR360 million.   Founded in 2002, in Amsterdam, Payvision is at the forefront of the payments industry and it has been growing at a very fast pace, registering a robust 66 per cent volume growth in 2017. With the launch of Acapture, a new, scalable, data-driven payment service provider, in 2015, Payvision aims