Standard Banks takes over mobile payments player Firepay

South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.

Virteo bags €2.2m to chase invoices

Invoice payments platform Virteo has grabbed €2.2m in a new round of financing. The capital for the Belgium-based startup was led by local investor PMV.

Symend picks up $1m for debt collection software

Debt collection software-maker Symend has raised $1m from angel investors in a seed funding round. The names of the participating angel backers remain undisclosed.

Delottie backs blockchain startup Setl

Blockchain financial services firm Setl has secured funding from professional services giant Deloitte. The size of the investment is undisclosed.

Finicity picks up $42m for financial data aggregation

Real-time financial data aggregation platform Finicity has picked up $42m in new funding. Experian led the Series B round with Bridge Bank also participating.

Dream Payments swipes $1.5m for mobile card reader

Mobile payments platform for businesses Dream Payments has picked up $1.5m in a new round of funding led by Connecticut Innovations (CI).

Billon picks up $2m for ledger-based banking services

Distributed ledger-based payments firm Billon has raised $2m in funding from a collection of unnamed UK investors.

American Express backs IndiaLend’s $4m round

Delhi-based credit underwriting and analytics startup IndiaLends has attracted American Express’ venture arms for its $4m funding round.

Finagraph picks up $5m for SME risk data

Financial data startup Finagraph has raised $5m in round led by Moody’s Corporation the parent company of Moody’s Investors Service and Moody’s Analytics.

Five Degrees rakes in €10m for core digital banking tech

Digital banking technology provider Five Degree has raised €10m in a new round of funding led by Karmijn Kapitaal. 5Square and Velocity Capital also participated.

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