PayTech

East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners.

Aiming to let anyone make or accept online payments, Plasso has raised $1.2m in a seed round from AngelList.

PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.

Payments provider Stripe is broadening its appeal to developers with the acquisition of node prototyping service Tonic. The financial terms of the deal are undisclosed but Tonic is rebranding to Runkit.

Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.

Swedish payments startup Klarna is inking a deal with UK retail conglomerate Arcadia to bring a “buy now pay later” offering to its e-commerce channels.

Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.

Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.