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.
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.
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.
BitPesa nabs $2.5m for pan-African digital payments
Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round to expand across the UK, Europe and West and Southern Africa.
Qvivr picks up $5m to move beyond smart cards
Silicon Valley-based payments startup Qvivr has raised $5m in a Series A round led by Khosla Ventures.
Ingenico expands Indian presence with TechProcess acquisition
Payments network Ingenico is acquiring Indian electronic payments provider Tech Process. The financial terms of the deal are undisclosed.
LatiPay nabs $3m to connect China to New Zealand merchants
Auckland, New Zealand-based payments firm LatiPay has raised $3m in its Series A round as it looks to enter new markets.