Refyne snares $16m Series A to boost Indian salary access
Indian FinTech Refyne has raised $16m from a Series A funding round led by RTP Global and partners of DST Global.
Swiss SME lender Tradeplus24 secures $100m credit facility
Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.
FinTech investor BlueRun closes smallest fund in 20-year history
BlueRun Ventures has closed the smallest fund in the firm's 20-year history by pulling in $130m for BRV VI.
Metro Bank launches SME receipt management tool as its reeling from £900m accounting mistake
Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.
Zaapi secures seed funding for Asian MSMEs
Zaapi, a mobile app that enables small businesses to launch an e-commerce presence, has raised $4m in seed funding.
SoFi settles lawsuit with $2.4m fine
Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.
Neyber picks up ?7.5m for employee financial wellness
Employee financial wellness startup Neyber has picked up ?7.5m in a Series B round. The investment comes from existing backer Police Mutual as well as a former Deutsche Bank COO and Credit Suisse Investment Bank co-head.
Earnest closes $155m acquisition deal from Navient
San Francisco-based lending platform Earnest has closed a $155m deal to be acquired by asset management company Navient.
Ant Financial co-leads RMB1bn round for Chinese logistics, FinTech provider Keking
Alibaba's Ant Financial has co-led an RMB1bn ($144m) Series C financing round for Chinese logistics and FinTech business Keking.
JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
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