FinTech News

Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.

Turkish bookkeeping software firm Para?Ÿ?t has picked up $2m in a Series B round of funding. Istanbul-based VC fund manager Diffusion Capital Partners led the round.

Payments processor Stripe has raised $150m in a Series D round of funding led by General Catalyst and CapitalG. The round makes it the US' most-valuable FinTech startup.

Swedish retirement robo-advisor Pensionera has raised €1.2m after winning Optimizer Invest’s startup competition. The deal values the company at €8m.

Financial advice app Albert has raised $2.5m in a seed funding round from 500 Startups and 500 Fintech as well as Bessemer Ventures Partners.

French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.

German fintech services company figo has raised €6.8m in a Series B round of funding. Investment for the Hamburg-based startup comes from DB1 Ventures.

Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.

German wealth management startup Cashboard has raised €3m in a Series A round led by Digital Space Ventures. Investment also came from existing backers.

Early-stage FinTech venture firm Information Venture Partners has raised $106m in for its second fund, exceeding its $100m target.