Remittances

Accenture made a strategic investment, through its VC arm Accenture Ventures, in cloud-based, payments-as-a-service enterprise platform Imburse.

Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.

Freight payment platform PayCargo raised $125m in Series B funding to continue developing its cloud-based payments network.

India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.

Digital payments and banking technology company Cashfree received an undisclosed funding amount from the State Bank of India (SBI) at a valuation of around $200m.

Banking, payments and shopping service Klarna launched its Shopping app, enabling users to pay in any online shop directly through the Klarna app, eliminating the need to use a credit card.

Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.

UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.

Healthcare financial technology startup that spun off of Ally Commerce Inc. Green Feather raised a $1.5m seed round.

Ecuador’s Kushki raised a $86m round in what it claimed was the highest valuation Series B in LatAm, valuing the 4-year company nearly at $600m.