MYOB picks up Paycorp to expand payments power
Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).
Ant Financial expands reach with $200m investment in Kakao Pay
Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao finance subsidiary Kakao Pay.
Ant Financial backs Philippines FinTech player Mynt
Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.
Jakarta-based POS MOKA lands $2m in Mandiri-led round
Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.
Company cards startup Pleo picks up funding from Creandum
Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.
PayPal expands financial inclusion efforts with TIO buy
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
Exactuals scores $10m for entertainment industry payments
Complex payments provider Exactuals has raised $10m in a Series A round to modernise payments in the entertainment industry.
Klarna buys German payments firm BillPay from struggling Wonga
Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.
SparkFund picks up $7m for energy efficiency financing
SparkFund, a FinTech startups aiming to help businesses adopt energy-efficient products and services through instalment payments, has raised $7m in a Series B round.
BitPesa nabs $2.5m for pan-African digital payments
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.