Toronto-based iPad point-of-sale (POS) TouchBistro has picked up C$16.3m ($12.1m) in a Series C funding round.

Digital wealth management solution Evolute has secured a $6.15m Series A in its first round of external financing.

Real estate crowd investing platform Exporo has picked up ?8m in a new round of funding. The investment comes from e.ventures, Holtzbrinck Ventures, Sunstone and BPO Capital.

Mutual fund investment platform Nivesh.com has secured an angel funding round from a group of individual investors.

Commerce tech and solutions firm First Data is acquiring payments processor CardConnect for approximately $750m.

Security technology company NXT-ID is acquiring internet of things (IoT) payments company Fit Pay. The financial terms of the deal are undisclosed.

InsurTech companies are developing technological solutions to revolutionise the insurance industry. Companies such as RiskGenius are working to create more efficient underwriting workflows while other InsurTech companies such as Lemonade and Cuvva focus on offering instant, highly customisable insurance policies. ?Although the potential of this technology has created a lot of interest in the sector this has not resulted...

Q1 2017 shows French FinTech rise with nearly double the total deals and funding rising over 5-fold compared with Q1 2016 The FinTech sector in France is booming. Funding for FinTech-focused companies has grown rapidly over the last few years, with 2016 being a record year for investments. The last quarter was one of the strongest French FinTech has ever...

Peer-to-peer lending platform RAIZE has received a ?10m investment from Banco BNI Europa. The company will receive the funding over the course of two years.

Malaysian payments provider Soft Space has raised $5m in a Series A round from Japanese e-commerce solution Transcosmos.