Airbanq takes $2.5m for digital bank for the underserved
Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.
BBVA unveils 56 finalists for Open Talent completion
Spanish banking giant BBVA has announced the 56 finalists for its eighth Open Talent competition that aims to seek out and support new FinTech startups and innovations.
Bitspark brings blockchain-based remittances to Malaysia
Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel
CreditEase expands VC team for FinTech investments
Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.
Bigstone swipes $3m to connect small businesses and investors
Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.
PayU set to acquire Citrus Pay for $180m
PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
truePTS hires former ICE technology head as CEO
Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...
Blockchain payments provider Coinify swipes $4m
Danish blockchain payments service provider Coinify has landed $4m in a Series A round. The investment comes from Sweden’s SEB Venture Capital and SEED Capital Denmark.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, France's second-largest banking group. The price of the deal is undisclosed.
Gatecoin secures £500,000 to relaunch from bitcoin hack
Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.
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