Tiger Global is looking to raise $6 billion for its next venture capital fund.

The New York-based hedge fund recently invested in GrubMarket, ServiceUp, FlatLife, Zopper and Opto Investments in September, according to Crunchbase.

The $6 billion ask, which was reportedly disclosed in a letter to investors this week, is less than half of its most recent funding round announced in February, when the company raised $12.7 billion.

Fintech Tally raises $80M

Debt-payoff fintech Tally raised $80 million in a series D funding round led by Sway Ventures.

The San Francisco-based fintech plans to use the capital to expand its automated debt pay-down system, according to a Tally release.

“Credit cards are designed to trap people in a cycle of debt,” Tally founder and Chief Executive Jason Brown said in the release. “Our debt-free system helps consumers pay off credit cards faster, empowering them to take control of their finances and make real progress towards their financial goals.”

The latest round brings Tally’s total funding to $172 million, according to Crunchbase. The funding round follows the fintech’s series C round, announced in June 2018 and led by Andreessen Horowitz.

Alkymi rakes in $21M in series A

Workflow automation fintech Alkymi raised $21 million in its latest series A funding round led by Intel Capital.

New York-based Alkymi allows financial institutions to automate processes with no-code intelligent data processing for documents, emails and file data, according to an Alkymi release.

“At a time when enterprises are inundated with a massive volume of unstructured data moving through their organization, Alkymi empowers its users with the tools to transform this ‘dark’ data into valuable strategic assets,” Mark Rostick, vice president and senior managing director at Intel Capital, said in the release.

The latest funding round brings Alkymi’s total funding to $26 million, according to Crunchbase. Canaan, Work-Bench and SimCorp also participated in the funding round.

HSBC Ventures invests $10M in Nova Credit

HSBC Ventures invested $10 million in Nova Credit following a recent partnership announcement between HSBC and the fintech, which aims to leverage the credit bureau’s cross-border credit data product, Credit Passport.

Nova Credit’s Credit Passport will allow the $227 billion HSBC to access the translated credit history of new-to-country consumers, according to a Nova Credit release.

“This partnership ensures that more people who cross borders can take their data with them, in a secure and compliant manner, and ultimately arrive and thrive in their new home,” Misha Esipov, co-founder and chief executive of Nova Credit, said in the release.

The venture round brings San Francisco-based Nova Credit’s total funding to $79.4 million, according to Crunchbase. Prior to the addition of the $10 million, Nova Credit’s last funding round was a $50 million series B round in February 2020 led by Kleiner Perkins.

Jiko raises $40M in series B funding

Fintech Jiko raised $40 million in a series B funding round led by Red River West.

The Berkeley, Calif.-based money movement and storage company this week also launched its Jiko Money Storage solution, allowing companies to store money in spendable treasury bills, according to a Jiko release.

“Today’s CEOs, CFOs and corporate treasurers must be increasingly nimble in the face of factors such as inflations, supply chain disruption and geopolitical conflict while still managing their company’s risk exposure — making it paramount that cash deliver yield through safe and secure strategies,’ Jiko co-founder and Chief Executive Stephane Lintner said in the release.

The recent funding brings Jiko’s total funds to $89.4 million, according to Crunchbase. Upfront Ventures, Anthem Venture Partners and Airbus Ventures also participated in the funding round.