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.
Exactuals scores $10m for entertainment industry payments
Complex payments provider Exactuals has raised $10m in a Series A round to modernise payments in the entertainment industry.
CXA lands $25m for employee benefits and insurance platform
Corporate insurance and benefits platform CXA has raised $25m in its Series B round. B Capital Group and EDBI co-led the investment.
The Money Finder pockets $1.75m
Financial planning software startup The Money Finder has raised $1.75m in a new round from Build Ventures and Innovacap.
Klarna buys German payments firm BillPay from struggling Wonga
Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.
SparkFund picks up $7m for energy efficiency financing
SparkFund, a FinTech startups aiming to help businesses adopt energy-efficient products and services through instalment payments, has raised $7m in a Series B round.
Japanese mobile payments company Coiney wraps up $7.1m
Japanese mobile payments firm Coiney has raised ¥800m ($7.1m) in a Series B round of funding. The Tokyo-based firm offers a range of payments technologies to merchants.
Taxfyle grabs $2m for on-demand tax services
On-demand tax and accounting marketplace Taxfyle has raised $2m in a seed funding round from a group of individual investors.
