LatiPay nabs $3m to connect China to New Zealand merchants
Auckland, New Zealand-based payments firm LatiPay has raised $3m in its Series A round as it looks to enter new markets.
GAN Integrity collects $9m for compliance management software
GAN Integrity, a provider of compliance management software, has raised $9m in a Series A round led by Edison Partners.
MC Payment grabs controlling stake in Alipay acquirer Genesis
Singapore-based FinTech firm MC Payment is buying a controlling stake in Genesis Payment Solutions – a licensed merchant acquirer for Alipay. The financial terms of the deal are undisclosed.
Zopa becomes first P2P lender to pass £2bn milestone
London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.
Nyca Partners closes second FinTech fund with $125m
New York-based venture firm Nyca Partners has closed its latest fund with $125m in total commitments to invest in FinTech.
BitFury lands $30m in deal with Credit China FinTech
Bitcoin and blockchain infrastructure and security provider BitFury has landed $30m from Chinese financial services provider Credit China FinTech.
Cleo pockets $700,000 for personal savings chatbot
Artificial intelligence-powered finance chatbot Cleo has picked up $700,000 from angel investors. The London-based company saw participation from a large group of well-known European tech figures.
Ant Financial buys US remittance firm MoneyGram for $880m
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.
Raisin picks up €30m for deposits marketplace
Berlin-based banking deposit marketplace Raisin has closed €30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.
Alpaca grabs $1.7m for AI-driven trading tech
FinTech AI startup Alpaca has raised $1.7m in a new venture funding round. The investment comes from D4V, Monex Ventures and MUCAP of Mitsubishi UFJ Financial Group.
