Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually.
Indian micro-lender AYE Finance has secured a $3m credit line from public lender the State Bank of India. The company operates a network of 22 branches around seven Indian states.
Digital payment solution Payrailz has closed a $6.1m investment from First Data, Live Oak Ventures, Woodforest National Bank, Webster Bank and TTV Capital.
Nordic-Baltic banking group Swedbank is acquiring payments service PayEx to expand its digital solutions. The financial terms of the deal are undisclosed.
InsurStreet has picked up angel funding for its InsurTech alternative to rental deposits. The London-based company is taking on £512,000 from angel investors.
Dubai-based supply chain financing startup Invoice Bazaar has secured new funding from former Citigroup Asia-Pacific CEO Shirish Apte.
Amy Neale, Global VP at Mastercard Start Path, explains the move away from the classic early-stage tech accelerator model, in a research interview with FinTech Global.
Bitcoin peer-to-peer lending platform for SMEs Bitbond has closed €5m in debt financing to fund loans on its platform.
Aviva has bought a majority stake in to robo-advisor solution provider Wealthify, for an undisclosed value.
Private equity firm Thomas H. Lee Partners has acquired a majority stake in online real estate marketplace Ten-X, in undisclosed deal.
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