Singapore-based point-of-sale (POS) technology company Eleos has received S$3m ($2.2m) in funding from telco M1’s subsidiary M1 TeliNet.

German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.

Automotive financing firm Yixin Capital has landed $550m from a consortium of heavyweight Chinese internet firms.

Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.

Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies to find growth financing or M&A opportunities.Edison Partners led the round with Comcast Ventures, First Round and Redpoint Ventures also participating. The round brings Axial's total funding to more than $34m.Axial says it's used by...

Mobile payments company Square beat Wall Street’s expectations to report a 41% year-on-year jump in revenue for the second quarter of 2016.

HR outsourcing company Ceridian reeled in $150m from its shareholders Thomas H. Lee Partners and Fidelity National Financial Ventures (FNFV) Group.

LoanLogics, which looks to improve the transparency and accuracy of the mortgage process and improve the quality of loans, has raised $10m in funding.

Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.