Funding Rounds

Quickpass Cybersecurity, a provider of privileged access management and helpdesk security automation for managed service providers (MSPs), has collected $12m in funding.

The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Elyn, a French FinTech that aims to let customers try items before they have to pay for them, has reportedly raised $2.7m in its pre-seed round.

FinTech unicorn Pine Labs has received a $50m investment from London-headquartered investment firm Vitruvian Partners.

Mobile payments company Bango has placed 2.7 million ordinary shares on sale, in order to raise £5m to fund Audiens acquisition.

FinTech company ChannelVAS has secured $5m in funding from investment firm Convergence Partners.

Berlin-based FinTech re:cap has extended its seed financing round to $15m following support from Mudadala Capital.

Duetti, a music financing startup, aims to revolutionize the music catalog sales, management, and marketing industry. The company was founded by Lior Tibon, former COO of TIDAL, and Christopher Nolte, former Business Development executive at Apple Music.

Financial Information Technologies, an electronic invoicing and payments company for the alcoholic drink industry has received an investment from TA Associates.