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Deal Updates

Swedish mobile POS iZettle picks up another €60m

Swedish mobile point-of-sale (POS) payments firm iZettle has raised another €60m in a round made up of debt and equity from existing backers.

Kalixa Payments bought for £30m by Singapore investor

GVC Holding is selling Kalixa Payments Group and its subsidiaries to privately held payments operator and investment firm Senjō Group for $30m.

MobileCause grabs $15m for non-profit fundraising

Digital fundraising and communication platform for non-profits MobileCause has picked up $15m in a Series B round. New York-based growth equity firm Level Equity led the funding.

London’s Babel Systems acquired by InvestCloud for $20m

London-based online trading technology company Babel Systems is being acquired by US FinTech firm InvestCloud in a $20m deal.

Aquiline to focus on InsurTech, FinTech with new fund

Aquiline Capital Partners, a mid-market firm investing in the financial services sector, has launched a new Technology Growth Fund.

Ex-Google payments head joins Wells Fargo’s Innovation Group

Peggy Mangot, who used to head up Google’s partnership management, payments & commerce division, has joined Wells Fargo’s innovation group.

Auto financer Chedai grabs $52m Series B

Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.

Payfone picks up $23.5m for mobile verification

Mobile identify authentication startup Payfone has raised $23.5m in a Series E round of funding led by BlueCross BlueShield Venture Partner.

Payspan lands backing from private equity firm Primus

Healthcare payments automation and reimbursement company Payspan has secured a new investment from private equity firm Primus Capital.

Seedrs sees £85m invested in record year

Equity crowdfunding platform Seedrs is reporting a record year for the company with more than £85m invested into 158 deals on the platform.

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