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Deal Updates

Afrimarket lands $11m for cash-to-goods remittances

Afrimarket, a cash-to-goods money transfer service focused on French-speaking Africa has raised €10m ($11m) from UK-based Global Innovation Fund and PROPARCO.

iZettle buys Scottish POS startup to beef up SME offering

Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.

Payworks swipes $4.5m for payments processing

Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.

Crypto Facilities takes $1.5m for digital asset trading

Digital asset trading platform Crypto Facilities has raised $1.5m in a seed round. The funding comes from an AngelList syndicate led by Humminbird Ventures partner Pamir Gelenbe.

Northzone closes new $335m fund for European FinTech

Northzone, a Scandinavian VC firm that’s backed FinTech startups including iZettle, MarketInvoice and Klarna, has raised €300m ($335m) for its new fund.

Boku adds $13.7m for bigger carrier bills

Carrier billing company Boku has raised $13.7m in new venture funding. The round was led by a consortium of UK investors, including angels Andrew Black and Robert Markwick.

BlackFin makes first hires for FinTech venture 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.

Finvasia takes funding for investment portal

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).

FinTech accelerator H2 Ventures looks for $41m in IPO

H2 Ventures, an Australian FinTech accelerator, has filed a prospectus for its new venture H2Ocean to IPO on the Australian stock exchange.

Paytm pockets $60m of $300m target

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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