Sector Updates

Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.

Alternative finance platform Crossflow Payments has landed an investment from Calibrate Management.

Mortgage lender Nexera Holdings has received a ‘significant growth investment’ from funds affiliated with global private equity firm Warburg Pincus.

BNP Paribus Securities Services has invested in compliance startup Fortia giving the BNP Paribus subsidy a minority stake in the business.

Predictive analytics startup aimed at the financial services industry Earnix has raised $13.5m in a new round.

Payments network Ingenico is acquiring Indian electronic payments provider Tech Process. The financial terms of the deal are undisclosed.

Auckland, New Zealand-based payments firm LatiPay has raised $3m in its Series A round as it looks to enter new markets.

GAN Integrity, a provider of compliance management software, has raised $9m in a Series A round led by Edison Partners.

Singapore-based FinTech firm MC Payment is buying a controlling stake in Genesis Payment Solutions – a licensed merchant acquirer for Alipay. The financial terms of the deal are undisclosed.

London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.