SoFi buys Zenbanx to launch banking product
SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup
Spotcap strikes deal and nabs €14m from Heatland Bank
Online small business lender Spotcap has inked a partnership with New Zealand’s Heartland Bank and secured €14m in funding to expand around the region.
OpenGamma lands $1m for Japan Exchange Group
Derivatives risk analytics company OpenGamma has landed a $1m from Japan Exchange Group (JPX) in exchange for a minority stake in the business.
BitPesa nabs $2.5m for pan-African digital payments
Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.
Crossflow Payments lands investment from Calibrate
Alternative finance platform Crossflow Payments has landed an investment from Calibrate Management.
Mortgage lender Nexera lands Warburg Pincus investment
Mortgage lender Nexera Holdings has received a ‘significant growth investment’ from funds affiliated with global private equity firm Warburg Pincus.
Indonesia’s Bank Central Asia sets up $15m FinTech fund
Indonesia’s Bank Central Asia (BCA) is set to invest $15m in FinTech companies as it looks to reach more of the South-East Asian nation’s unbanked consumers.
BNP Paribus takes stake in RegTech startup Fortia
BNP Paribus Securities Services has invested in compliance startup Fortia giving the BNP Paribus subsidy a minority stake in the business.
Earnix picks up $13.5m for financial predictive analytics
Predictive analytics startup aimed at the financial services industry Earnix has raised $13.5m in a new round.
Ingenico expands Indian presence with TechProcess acquisition
Payments network Ingenico is acquiring Indian electronic payments provider Tech Process. The financial terms of the deal are undisclosed.