PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments.

Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.

New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.

Docupace Technologies, a digital compliance and cyber security company, has raised $16.5m from Palisades Growth Capital and TVC Capital.

Machine learning-driven fraud detection startup Featurespace has raised $9m in a new round of venture funding led by TTV Capital.Investment for the Cambridge-based company also came from Imperial Innovations, Nesta, Cambridge Angels and Cambridge Capital Group.The company technology provides adaptive behavioural analytics for financial services to manage card fraud across transactions through its ARIC machine learning engine.Featurespace CEO Martina...

Indian crowdfunding platform Dreamwallets has raised its first round of seed funding from seven investors.

Online loans marketplace Lendio reported strong growth for Q2 2016, with the value of loans facilitated through the platform increasing by 86% year on year.

Legal firm Hogan Lovells is launching a Regulatory Accelerator to help UK FinTech startups to understand and navigate the Financial Conduct Authority's (FCA) regulatory regime.

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

Australian venture capital firm Reinventure has reached a close for its second $50m fund to continue investing in Australia and New Zealand-based FinTech startups.