IBM Reportedly planning acquisition of point-of-sale business Revel
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Fiserv teams up with Early Warning for peer-to-peer payments
Financial services technology company Fiserv is partnering with Early Warning to offer the company’s clearXchange peer-to-peer payments service.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
Yixin Capital takes $550m for Chinese auto financing
Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.
Privitar swipes $2.9m for data-privacy software
Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.
Funding Societies lands Sequoia backing for South-East Asian Lending
Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.
Axial grabs U$14m to match private companies with investors and buyers
Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...
RegTech startup LoanLogics brings in another $10m
LoanLogics, which looks to improve the transparency and accuracy of the mortgage process and improve the quality of loans, has raised $10m in funding.
Kreditech pulls in another $11m for data-driven credit scores
Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.
WealthForge looks for $2.5m through convertible note offering
Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.