Albert pockets $2.5m for savings app

November 25, 2016

Financial advice app Albert has raised $2.5m in a seed funding round from 500 Startups and 500 Fintech as well as Bessemer Ventures Partners.

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French startup Wynd swipes €30m for POS solution

November 25, 2016

French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.

FinTech services startup figo takes €6.8m

November 24, 2016

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

November 23, 2016

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

November 23, 2016

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

November 23, 2016

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

November 22, 2016

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

November 22, 2016

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

November 22, 2016

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

November 22, 2016

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.

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