PayU brings on former PayPal senior director as CCO

Payment services provider PayU is bringing on former PayPal senior director Matthias Setzer as global chief commercial officer. He joins the firm having spent 12 years at PayPal.

Klarna picks up team and tech of bankrupt Cookies

Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.

WeSwap picks up £3.4m in crowdfunding campaign

Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.

T-REX snaps up $10m for financial services technology

Financial services software company T-REX has raised $10m in its Series B round led by Safeguard Scientifics. Investment also came from Ecosystem Integrity Fund.

Fund data platform fundinfo lands HgCapital investment

Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed.

FlexM picks up $886k for financially inclusive digital wallet

Mobile wallet targeted at the underbanked FlexM has raised $886,000 in a seed round of funding from mobile payments platform MatchMove.

Peernove takes $4m for blockchain-based big data

Blockchain-based enterprise big data startup Peernova has raised $4m of its ongoing Series B round. The investment comes from Zhejiang Zhongnan Holdings Group.

Procurify grabs hold of $7m

Procurify has raised $7m in a Series A round of funding to grow its procurement platform. The investment was led by Runa Capital.

eOriginal pulls in $26.5m for digital transaction tools

Digital transaction management company eOriginal has landed $26.5m in a new round of funding led by private equity firm LLR Partners.
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