Heidelpay buys POS payment specialist StarTec
Private equity-backed Heidelpay, a German payment service provider in ecommerce, has purchased POS payment specialist StarTec as part of its ‘industry sector consolidation strategy’.
Aldermore approached by FirstRand with acquisition offer
UK-based challenger bank Aldermore has reportedly been approached by South African bank FirstRand for an acquisition of around £1.1bn.
KYC solution platform norbloc $1.6m round led by Marathon Venture Capital
KYC solution provider norbloc has closed a $1.6m seed round led by Greece-base Marathon Venture Capital.
Association of German Banks criticise ‘?1bn MiFID II costs’
German banks will have to cover the ?1bn of costs needed to set up the technical infrastructure required for MiFID II according to The Association of German Banks.
InsurTech platform Covera closes $1m seed round
Canada-based InsurTech platform Covera Technologies has received $1m in a seed funding round, led by Ferst Capital Partners.
Grotech Ventures leads DirectScale’s $8.5m Series B round
DirectScale, which provides a cloud-based platform to meet the needs of the direct and social sales industry, has closed an $8.5m Series B funding round.
JPMorgan Chase acquires payment solution WePay
Payment solution provider WePay has been acquired by JPMorgan Chase to help integrate its solution with millions of small businesses.
Identity verification platform Alloy nabs ?3.8m seed
Identity verification platform Alloy has pulled in ?3.8m in its seed funding round led by Eniac Ventures.
Blockchain startup BitClave collects $16.5m
Silicon Valley-based startup BitClave, which is creating a decentralized search ecosystem built on the blockchain, has collected more than $16.5m through the pre-sale of its ICO.
Auto loan provider Finova Financial bags $102.5m in equity and debt line
Auto loan provider Finova Financial has bagged a $102.5m equity and credit facility.
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