Financial services software provider OpenGamma has raised $13.3m in a new round of funding.The investment was led by Accel and ICAP with individual investor and existing non-executive board member Cristóbal Conde also contributing.The London-based firm offers open-source rick analytics software and recently launched a risk-as-a-service analytics suite of cloud-based tools.Accel partner Bruce Golden said, “While OpenGamma cut its teeth...

Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).

Banks and investors be wary! The European alternative financing market continues to grow according to a new report.

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.