Holvi hires new CEO to lead future growth
Finnish digital banking startup Holvi is appointing Antti-Jussi Suominen as its new CEO following the company’s acquisition by BBVA in March.
Blackmoon lands $2.5m for alternative investments
Blackmoon Financial Group has raised $2.5m in equity funding to expand its marketplace for balance sheet loan investment. The funding comes from A&NN Group, Flint Capital and Target Global.
Toast snaps up $1.5m for South-East Asian remittances app
Singapore-based remittances startup Toast has picked up $1.5m in a pre-Series A round led by Aetius Capital. The round also saw contribution from US VC 1776 and financial services firm Pepper Group.
CurrencyFair picks up €8m for P2P currency exchange
Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.
Capital One continues FinTech shopping spree with Paribus buy
Capital One is acquiring price tracking startup Paribus in an undisclosed deal. The deal follows the banks’ previous acquisition of startups including Bundle, Level Money and Adaptive Path.
Anivo lands insurtech deal with SBB
Swiss insurtech startup Anivo is striking a partnership with the state railway company (SBB) that will bring as many as 35,0000 railway workers onto the platform.
CloudPay partners with Ramco for multinational payrolls
CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.
CUneXus grabs $5m for lending automation
CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.
FEXCO to bring mobile cash withdrawals to the Philippines
Irish financial technology provider FEXCO is partnering with Manila-based Electronic Network Cash Tellers (ENCASH) to bring mobile cash withdrawals to the Philippines.
Remitr scoops up $1m to expand remittances into new regions
Remitware Payments has raised $1m in funding from a lengthy list of angel investors across the US, UK and India.