South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.

Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Newid Capital and several angel investors also participated.

Cryptocurrency security hardware maker Ledger has raised $7m in a Series A round co-led by MAIF Avenir and Xange.

Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round.

Emergent Payments has raised $5m in an equity funding round from Responsible Gold Holding as well as existing backers.

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.

Online security startup Smyte has nabbed a $4m Series A round led by Avalon Ventures. Baseline Ventures, Founder Collective, Harrison Metal, Upside Partnership and Y Combinator also participated.

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.

Cryptocurrency exchange ShapeShift has raised $10.4m in a Series A round led by Berlin-based VC Earlybird.