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Deal Updates

Invoice financing startup KredX secures $6.25m

Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate.

Alpha Payments Cloud valued at $250m following new round

Payments-as-a-service platform Alpha Payments Cloud has raised a new round of funding from Australian private equity firm First Quay Capital. Read more: www.fintechroundup.com

Nvoicepay grabs $10m to automate enterprise payments

Enterprise payments provider Nvoicepay has landed $10m in a growth equity funding round. The investment comes from Napier Park Financial Partners.

Coins.ph takes $5m for blockchain financial inclusion

Philippines-based Coins.ph has raised $5m in a Series A round to bring financial inclusion through blockchain technology. The funding was led by Quona Capital’s Accion Frontier Inclusion Fund.

Insurance marketplace EverQuote takes $23m to offer liquidity

Online insurance marketplace EverQuote has raised $23m in its Series B round of funding. The investment in the Cambridge, Massachusetts-based startup was led by Savano Capital Partners.

China UMS lands $297m from Everbright-IDG

China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.

AEVI secures €30m for payment services ecosystem

Germany payments and added services company AEVI has closed its Series B round at €30m. The funding comes in the form of a €20m investment from HPE Growth Capital and €10m from Adveq.

Feedzai lands backing from Citi for AI fraud detection

Feedzai has scored an undisclosed round from Citibank’s VC investment arm Citi Ventures.

Lendingkart acqui-hires personal loans startup KountMoney

Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.

Bezahlt picks up €3.5m for invoice financing

German invoice financing startup Bezahlt has picked up €3.5m in funding through a mixture of equity and debt.

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