Mobile finance tool for workers in the field Payzer has raised $4.25m in a Series B round of equity capital.
Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.
SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Financial services technology company Fiserv is partnering with Early Warning to offer the company’s clearXchange peer-to-peer payments service.
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.
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