FinTech services startup figo takes €6.8m
German fintech services company figo has raised €6.8m in a Series B round of funding. Investment for the Hamburg-based startup comes from DB1 Ventures.
PayU brings on former PayPal senior director as CCO
Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.
Cashboard lands €3m for wealth management platform
German wealth management startup Cashboard has raised €3m in a Series A round led by Digital Space Ventures. Investment also came from existing backers.
Information Venture Partners closes second FinTech fund at $106m
Early-stage FinTech venture firm Information Venture Partners has raised $106m in for its second fund, exceeding its $100m target.
Klarna picks up team and tech of bankrupt Cookies
Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
iTouzi grabs $36m for peer-to-corporation lending
Beijing-based peer-to-peer business lender iTouzi has scored $36m in a Series B round of funding. The capital comes from Sino Fortune and individual investor is Sun Jiexiao.
PayKey unlocks $6m to bring P2P payments to messaging
Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.
Aye Finance picks up $10.3m to expand small business lending
Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
True Link pulls in $3.6m for retirees financial advice
Digital financial services provider aimed at retirees True Link Financial has raised $3.6m in a new round of funding.
WeSwap picks up £2.4m in crowdfunding campaign
Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.