Experian Australia & New Zealand has acquired fintech startup Look Who’s Charging while Wanwu Xinxuan has raised $20 million in a funding round led by Fresh Capital.
Experian A/NZ acquires fintech startup Look Who’s Charging
Experian Australia & New Zealand has announced the acquisition of Australian fintech startup Look Who’s Charging to bolster its open data offering, it said in a statement. Financial terms were undisclosed.
Look Who’s Charging helps provide instant clarification on merchant identity in unrecognised bank transactions.
The company claims that over 1 billion transactions are enriched every single month through Look Who’s Charging’s platform to provide Australian consumers complete clarity on their spending.
“With Look Who’s Charging’s enriched data integrated into our open data platform, we will be able to provide a uniquely accurate and comprehensive solution for the Australian market,” said Andrew Black, Managing Director of Experian A/NZ.
Wanwu Xinxuan raises $20m funding round led by Fresh Capital
Wanwu Xinxuan, a Chinese social e-commerce platform, has raised $20 million in a Series B round of financing led by Fresh Capital, China Money Network reported.
Redpoint China Ventures also participated in this round.
Launched in August 2018, Wanwu Xinxuan, formerly known as “Bon Bon”, is an online retail platform selling children’s apparel, shoes and accessories. The company also helps young mothers to open their own online boutique maternal store on the platform.
Shanghai-based Fresh Capital is a growth fund focusing on consumer product and service companies.