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.
Real estate crowdfunding platform iFunding is paying $150,000 to settle a lawsuit brought against it by a shareholder.
US insurance giant MetLife is joining the R3 blockchain consortium to explore what role the technology could play a role in its field.
Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise ?100m ($131m) in the first quarter of 2017.
Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment comes from Indian VC Intrinsic and values the company at Rs150 crore ($22m).
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.
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