There a new blockchain consortium in town with the announcement of the Shanghai Industrial Development Blockchain Alliance.

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.

Danish Expenses automation service Pleo has raised $3m in a new round of funding to help companies control employee spending.

The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.

Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures.

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.

N26 is making good us of Apple’s latest update to its iOS mobile operating system that gives developers access to its voice activates assistant Siri.

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group.

Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.

As hype continues to build around the potential for startups to disrupt the insurance space Eos Venture Partners is launching as specialised fund dedicated to finding opportunities in InsurTech.