London-based online trading technology company Babel Systems is being acquired by US FinTech firm InvestCloud in a $20m deal.

The increase in corporate venture funds is leading to more capital becoming available to startups - but strong entrepreneurs should be wary according to Blackfin Capital Partners’ founding partner. Managing director Paul Mizrahi told FinTech Global that the venture market has been awash with corporate venture capital, with many of the large insurance companies and banks launching their own venture...

FinTech remains hugely attractive to investors across the UK and Europe as it evolves beyond simple apps carrying out single transactions into services based on customer relationships and trust.

Aquiline Capital Partners, a mid-market firm investing in the financial services sector, has launched a new Technology Growth Fund.

Peggy Mangot, who used to head up Google’s partnership management, payments & commerce division, has joined Wells Fargo’s innovation group.

Robo-advisors helping users manage their wealth to services that banks reserve for higher-value customers are attracting considerable interest from investors and financial institutions.

Banks are more potentially vulnerable to disruption than ever before - and digital-first challengers are charging into the market and rethink the role of banks in consumers’ lives.

Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.

Africa-based blockchain payments platform BitPersa has secured a Series A investment led by Greycroft.

Blockchain data management platform Tierion has reportedly raised $25m through its ICO, which had an initial closing date of August 10th.