FinTech News

Spanish bank BBVA is complaining to the European Commission, expressing its concerns that regulation pertaining to EU caps on bankers' bonuses are damaging its ability to attract tech talent.

Canadian VC firm Impression Ventures has reached a close for its second FinTech fund at C$20m ($15.5m).

South-East Asian payments gateway Coda Payments has raised $2m in a new round of funding from IMJ Investment Partners.

London-based investment management firm Octopus Investments is launching a new FinTech-dedicated accelerator out of its Octopus Labs division.

US bank Capital One is hiring WilmerHale counsel Elijah Alper to take on a role as a FinTech and blockchain specialist.

Digital signature startup Digio has raised $400,000 in a pre-Series A round of funding. The capital for the Bengaluru-based company comes from Rainmatter Technologies.

South African mobile FinTech firm Zoona has raised $15m in a round led by the International Finance Corporation (IFC), a division of the World Bank Group.

Japanese tech giant Rakuten is acquiring the assets of Belfast and San Francisco-based startup Bitnet to launch a blockchain research lab.

Online credit marketplace Camino has raised $2m in a new round of venture funding. The investment was led by Collaborative Fund and Hunt Holdings with Comcast Ventures and Impact America also contributing.

Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.