Financial technology company Melio Payments Inc. has raised $80 million from a group of investors that include hedge-fund firm Coatue Management LLC and venture-capital investor General Catalyst. The firms are betting Melio is well-positioned to benefit from smaller businesses turning to technology to help manage their finances more effectively, at a time when many have been hammered by the economic fallout from the coronavirus pandemic. ...

Financial-technology company iCapital Network Inc. raised $146 million from new investors led by China’s Ping An Insurance Group Co. and including Goldman Sachs Group Inc. and Hamilton Lane Inc., as well as previous backers, the company said Monday. The latest funding round valued the company at more than $860 million, a person familiar with the matter said. Previous iCapital investors that participated in this round included BlackRock Inc. and Blackstone Group Inc. ...

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