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Deal Updates

BBVA unveils 56 finalists for Open Talent completion

Spanish banking giant BBVA has announced the 56 finalists for its eighth Open Talent competition that aims to seek out and support new FinTech startups and innovations.

Bitspark brings blockchain-based remittances to Malaysia

Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel

CreditEase expands VC team for FinTech investments

Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.

Bigstone swipes $3m to connect small businesses and investors

Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.

Reinventure closes second $50m fund for Australian FinTech

Australian venture capital firm Reinventure has reached a close for its second $50m fund to continue investing in Australia and New Zealand-based FinTech startups.

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Fiserv teams up with Early Warning for peer-to-peer payments

Financial services technology company Fiserv is partnering with Early Warning to offer the company’s clearXchange peer-to-peer payments service.

Blockchain payments provider Coinify swipes $4m

Danish blockchain payments service provider Coinify has landed $4m in a Series A round. The investment comes from Sweden’s SEB Venture Capital and SEED Capital Denmark.

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