Mobile international payments network TerraPay is acquiring Pay2Global in a deal that will allow it to expand around European markets. The size of the deal is undisclosed.
H2 Ventures, an Australian FinTech accelerator, has filed a prospectus for its new venture H2Ocean to IPO on the Australian stock exchange.
UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.
New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
Identity verification startup Jumio has raised $15m in a new round of funding after its assets where acquired by Centana Growth Partners in May.
Kufu, a Japanese company developing HR automation platform SmartHR, has raised ?500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).
LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.
Business intelligence firm Ipreo is expanding its service into private companies as more highly-valued firms choose to hold off IPOs.
Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.
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