Nymbus takes $16m for core banking tech

Financial core technology provider Nymbus has raised $16m in a new round led by Home Credit Group.

Credit scoring startup bonify grabs €5.5m

Berlin-based credit scoring startup bonify has picked up €5.5m in a Series A round led by London-based Mosaic Ventures and Silicon Valley firm Ribbit Capital.

Ant Financial expands reach with $200m investment in Kakao Pay

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay.

OpenFin takes $15m from Wall Street firms

New York-based startup OpenFin has landed $15m in its Series B round from a host of Wall Street firms and their venture arms for its financial desktop applications operating layer.

Ant Financial backs Philippines FinTech player Mynt

Chinese fintech giant Ant financial is making moves in the Philippines with an investment in Mynt. The size of the deal is undisclosed.

Jakarta-based POS MOKA lands $2m in Mandiri-led round

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

Company cards startup Pleo picks up funding from Creandum

Previously investing in regional heavyweights such as Spotify and FinTech players Klarna and iZettle, Creandum led a fresh $3.25m investment into Pleo.

PayPal expands financial inclusion efforts with TIO buy

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.

TrueLayer bags $1.3m to let devs plug into banks

Connect Ventures led the round for the London-based startup with Graph Ventures and individual angel investors also participating.

Japan’s three largest banks back bitFlyer

Three of Japan’s largest banks are now stakeholders in Tokyo-based bitcoin exchange bitFlyer following its new ¥200m ($1.7m) round.

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