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Payments tech provider Zooz scores $24m investment

Payment technology provider Zooz today announced the closing of $24 million in new funding. The round was led by Target Global Ventures, and included Fang Fund, iAngels, Kreos Capital and existing investors Blumberg Capital, lool ventures, Rhodium, Claltech (Access Industries' Israeli tech vehicle), XSeed Capital, CampOne Ventures and angel Eilon Tirosh.

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FIS posts Q1 results

FIS (FIS), a global leader in financial services technology, today reported that first quarter revenue increased to $2.2 billion from $1.6 billion in the first quarter of 2015.

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Bain Capital and Vista Equity Partners agree to buy insurance tech firm Vertafore

Vertafore, the leader in modern insurance technology, today announced that funds affiliated with Bain Capital Private Equity and Vista Equity Partners have entered into a definitive agreement to jointly acquire the company from TPG Capital.

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Trintech buys Chesapeake System Solutions

Trintech, a leading provider of integrated Record-to-Report software solutions for the office of finance, today announced it has acquired Chesapeake System Solutions, a leading provider of financial transaction account reconciliation and treasury solutions.

Neobank Varo Money raises $27m

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Neobank Varo Money raises $27m

Varo Money, a mobile-only neobank startup founded by a former American Express and Wells Fargo executive, has raised more than $27 million in a funding round led by private equity giant Warburg Pincus.

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Western Unions invests in Digital Currency Group

When we first announced the formation of Digital Currency Group in October 2015, we were joined by a terrific group of investors who were eager to explore the nascent bitcoin and blockchain technology ecosystem.

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LendInvest secures $40 million funding line from Macquarie

LendInvest, the UK’s first and largest online marketplace for property finance, has agreed a warehouse financing facility with global financial services provider Macquarie for an initial amount of £40 million.

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MasterCard Q1 net income slides

MasterCard Incorporated (NYSE:MA) today announced financial results for the first quarter of 2016. The company reported net income of $959 million, a decrease of 6%, or 2% on a currency-neutral basis, and earnings per diluted share of $0.86, down 3%, or up 1% on a currency-neutral basis, versus the year-ago period.

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BBVA claims 15.5 million digital clients

Speaking about the Group’s first-quarter results, BBVA CEO Carlos Torres Vila pointed to “the solid performance of typical banking revenues.” He also added that BBVA already has 15.5 million digital clients. Of these, almost 9.5 million are mobile clients.”

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NCR Q1 revenues slip

NCR Corporation (NYSE: NCR) reported financial results today for the three months ended March 31, 2016. First quarter revenue of $1.44 billion was down 2% year-over-year.

Deutsche Bank prepares for digital future

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Deutsche Bank prepares for digital future

Deutsche Bank is creating a 'digital factory', bringing together some 400 software developers, IT specialists and banking experts to develop new products and services as it struggles to reposition the bank for a digital future in the face of challenging market conditions.

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PayPal lauds strong Q1

Global technology platform and payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) today announced results for the first quarter ended March 31, 2016.

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Wincor Nixdorf earnings up on restructuring

Wincor Nixdorf AG remains on a trajectory of growth after the first six months of the current fiscal year.

Citi Ventures make strategic investment in alternative lender Blue Vine

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Citi Ventures make strategic investment in alternative lender Blue Vine

Citibank's Silicon Valley-based venture arm has made an undisclosed strategic investment in working capital firm BlueVine.

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Ingenico forecasts double-digit revenue growth for 2016

Ingenico Group (Euronext: FR0000125346 – ING) announced today its revenue for the first quarter of 2016.

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TSYS raises guidance after strong Q1

TSYS (NYSE: TSS) today reported results for the first quarter of 2016 and raised its guidance after the acquisition of TransFirst, which closed on April 1, 2016. TSYS’ results for the first quarter do not include the results of TransFirst.

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LSE Q1 buouyed by LCH performance

Interim Management Statement for the period to 26 April 2016, including revenues and KPIs for the three months ended 31 March 2016 (Q1)

Remitly raises $38.5m for global expansion

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Remitly raises $38.5m for global expansion

As it prepares to launch in Canada, US mobile money transfer outfit Remitly has raised $38.5 million in a Series C funding round led by Stripes Group.

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French lending platform Lendix raises EUR12m

Partech Ventures confirms its support of Lendix, the French number one in lending platforms, as CNP Assurances, MatMut and ZenCap AM join as new investors.

Alibaba affiliate Ant Financial raises $4.5 billion to expand overseas

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Alibaba affiliate Ant Financial raises $4.5 billion to expand overseas

Ant Financial, the financial services arm of Chinese e-commerce conglomerate Alibaba, has raised a whopping $4.5 billion in a series B funding round as it looks to expand operations globally.

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