Ant Financial raises $14bn in Series C financing
Ant Financial, the payments affiliate of China’s Alibaba Group, has raised $14bn in its Series C funding round.
Flexiti buys $250m Canadian private label credit card portfolio
Flexiti Financial has purchased TD Financing Services' Canadian private label credit card portfolio for $250m.
Sunlight Financial lands $50m from FTV Capital
Sunlight Financial, which provides point-of-sale financing solutions, has landed a $50m investment from FTV Capital.
Marqeta eyes international expansion after landing $45m
US Card-issuing platform Marqeta is looking to expand internationally after landing a fresh $45m in funding.
Stocard looks to add payments for digital loyalty card after collecting $20m
Stocard, a European mobile loyalty card wallet, has closed $20m Series B round led by Macquarie Capital.
Payments group Nets to merge with German peer Concardis
Nordic payments group Nets is planning to merge with German peer Concardis, in a reported $6bn transaction.
Ripple launches $50m blockchain research fund for universities
Ripple has announced a new $50m fund to finance university research into blockchain and cryptocurrency technologies.
Transferwise partners with France’s Groupe BPCE
Transferwise has marked its first integration with a major bank by forming a partnership with France’s Groupe BPCE.
Blueday bags growth investment from Radian Capital
Revenue management company Blueday has nabbed a growth equity investment from Radian Capital.
ToneTag said to raise between $8m to $10m in Amazon, MasterCard led funding
Contactless payment platform ToneTag has reportedly raised between $8m and $10m in its latest funding round.
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