Village Capital, PayPal choose 12 startups for FinTech accelerator
Village Capital and PayPal have chosen 12 startups to take part in their first FinTech accelerator in Sub-Saharan Africa.
Consortium looks to improve FinTech cybersecruity
Citigroup and online lender Kabbage are part of a consortium which is aiming to improve the cybersecurity of FinTech companies.
Mastercard expands digital payments in Middle East and Africa
Mastercard has purchased mobile payments technology company Oltio from South Africa’s Standard Bank.
Capitolis raises $29m from Index and Sequoia
Capitolis, a 'next generation' provider of capital markets technology, has raised $29m from Index Ventures and Sequoia Capital.
Alipay bolsters its offering in Canada with Motion Pay deal
Alipay, a digital payment platform operated by Ant Financial Services Group, has formed a partnership with Motion Pay Technology.
Finova Capital raises $6m from Sequoia India
Jaipur-based non-banking financial company Finova Capital has raised $6m over two tranches from Sequoia India.
Paro raises $5m to connect finance professionals with companies
Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has raised $5m.
Arkivum collects follow-on investment from Parkwalk Opportunities
Arkivum, a London-based provider of data lifecycle management solutions, has raised new investment.
Connecticut Innovations launches next VentureClash challenge
Connecticut Innovations has launched the application period of its $5m VentureClash challenge.
UiPath said to net $120m at $1bn+ valuation
UiPath, a robotic process automation developer, has reportedly closed a $120m investment, at a valuation of over $1bn.
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