Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).
London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.
Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.
WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.
Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.
Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.
Iatai Enterprises, a FinTech and InsurTech company serving Latin America and the Caribbean, has raised $5m in a funding round. The capital comes from private equity fund CASEIF III LP.
Northzone, a Scandinavian VC firm that’s backed FinTech startups including iZettle, MarketInvoice and Klarna, has raised €300m ($335m) for its new fund.
French private equity firm BlackFin is beefing up its FinTech talent and hiring two new team members to head up its dedicated venture fund.
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