FinTech News

European peer-to-peer (P2P) payments app Verse has pocketed a $20.5m Series B round led by Spark Capital.

Indian lending startup PaySense has raised $5.3m in a Series A round led by Jungle Ventures. Naspers Group and Nexus Venture Partners also participated in the round.

Payments gateway startups Telr has picked up $3m in a Series B round led by Innovation East Funds.

Financial news curation platform Accern has raised $1.2m in a Seed round. Rostra Capital, Gurtin Ventures, 26 Ventures, Belmont Capital and Affinity Investment Group all participated in the round alongside angel investors.

Lending Club is hiring Steve Allocca PayPal global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.

Public finance startup Neighbourly has raised $25m in a Series A funding round led by Palantir co-founder Joe Lonsdale fund 8VC and Emerson Collective.

Currency exchange software startup 4xLabs has raised $1.5m in a pre-Series A round led by Dymon Asia Ventures.

Messaging and collaboration platform for finance professionals Symphony has scooped up $63m in a new funding round that values it at more than $1bn.

Mobile payments network LevelUp has picked up $50m in a new round of funding from banking giant JPMorgan Chase.

European VC Notion Capital has closed its third venture fund with $140m and launched a new $80m growth equity fund. The London-based firm focuses on enterprise SaaS and cloud companies.