Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.

DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.

Open Agent, a Sydney-based PropTech startup connecting sellers to estate agents, has raised $12m in a new funding round.

Kenya, Rwanda, Tanzania and Uganda are leading the crowdfunding boom in Africa, seeing growth rates of 112% to 312%.

Canadian ID verification company Trulioo has enhanced its global anti-money laundering (AML) capabilities to help banks cope with stricter regulation and higher costs.

   

Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal

Standard Chartered is rolling out a suit of biometric technologies across Asia, Africa and the Middle East.

London-based identity and background checking startup Onfido has raised a new round of venture funding.

NYMBUS, a core processing platform for banks, has raised $12m in new funding.