FinTech News

Blackmoon Financial Group has raised $2.5m in equity funding to expand its marketplace for balance sheet loan investment. The funding comes from A&NN Group, Flint Capital and Target Global.

Singapore-based remittances startup Toast has picked up $1.5m in a pre-Series A round led by Aetius Capital. The round also saw contribution from US VC 1776 and financial services firm Pepper Group.

Peer-to-peer currency exchange marketplace CurrencyFair has closed €8m in a new round of funding. The capital comes from existing backers Octopus Ventures and Frontline Ventures.

Capital One is acquiring price tracking startup Paribus in an undisclosed deal. The deal follows the banks’ previous acquisition of startups including Bundle, Level Money and Adaptive Path.

Swiss insurtech startup Anivo is striking a partnership with the state railway company (SBB) that will bring as many as 35,0000 railway workers onto the platform.

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.

Irish financial technology provider FEXCO is partnering with Manila-based Electronic Network Cash Tellers (ENCASH) to bring mobile cash withdrawals to the Philippines.

Remitware Payments has raised $1m in funding from a lengthy list of angel investors across the US, UK and India.

Money Forward has raised $11m in a Series D round led by Isetan Mitsukoshi Holdings and Mizuho Capital’s FinTech fund.