AvidXchange nabs $18m for invoice management service
Accounts payable and invoice management service AvidXchange has raised $18m in a new round of funding. The strategic investment was led by Fifth Third Capital.
QuantGroup pockets $73m for big data FinTech
Chinese big data FinTech company QuantGroup has raised $73m in a Series C round of funding led by Sunshine Insurance Group.
Digital X picks up $1.2m and signs deal for blockchain remittances
Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller.
Paraşüt grabs $2m for SME bookkeeping
Turkish bookkeeping software firm Paraşüt has picked up $2m in a Series B round of funding. Istanbul-based VC fund manager Diffusion Capital Partners led the round.
Stripe valued at $9bn following new $150m round
Payments processor Stripe has raised $150m in a Series D round of funding led by General Catalyst and CapitalG. The round makes it the US' most-valuable FinTech startup.
French startup Wynd swipes €30m for POS solution
French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding. The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.
FinTech services startup figo takes €6.8m
German fintech services company figo has raised €6.8m in a Series B round of funding. Investment for the Hamburg-based startup comes from DB1 Ventures.
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.
