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Citi Ventures invests in FastPay

FastPay, a leading financial technology company that provides lending and financial workflow solutions to digital businesses, today announced the close of a strategic investment from Citi Ventures.

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Former Thomson Reuters chief Glocer invests in Post-Quantum

British cyber-security firm Post-Quantum has appointed Tom Glocer, the former CEO of Thomson Reuters, as a strategy adviser.

Ant Financial snaps up EyeVerify

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Ant Financial snaps up EyeVerify

Biometric security startup EyeVerify has been acquired by Alibaba's financial services affiliate Ant Financial for in excess of $100 million.

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Oberthur reports H1 revenue growth

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announces it has posted strong business and financial performance across the board for the first half 2016:

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H2Ocean taps OnMarket for IPO

H2Ocean Ltd, a company which invests in a diversified global portfolio of early and growth stage financial technology (fintech) companies, says it is delighted to be extending the reach of its Initial Public Offering (IPO) and offering shares to retail investors through fintech firm OnMarket.

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Nets details IPO Offering

Nets, a leading provider of digital payment services and related technology solutions across the Nordic region, today has published an Offering Circular and the indicative price range in connection with its intended initial public offering (“IPO” or the “Offering”) and subsequent admission to trading in and official listing of its shares on Nasdaq Copenhagen.

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Wealthify turns to the power of the crowd for £1 million fund raise

Wealthify, the online investment service, has today officially opened its campaign to raise capital through the crowd.

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Huddlestock raises $1.5 million in seed funding

Huddlestock, the patented crowd-trading platform that gives users “super-powers” and lets them tap into investment ideas and strategies usually only available to professional investment managers, has closed a groundbreaking seed round, raising over $1.5 million.

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American Express joins $19 million Signifyd funding round

Signifyd, the fastest-growing provider of fraud protection for e-commerce businesses, today announced it has secured $19 million in capital from Menlo Ventures, TriplePoint Capital and American Express Ventures.

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Monitise slashes H2 operating costs

Monitise plc (LSE: MONI, "Monitise", or the "Group"), the financial services digital technology company, announces preliminary results for its financial year ended 30 June 2016.

India's TCS shares dip on US bank spending cutbacks

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India's TCS shares dip on US bank spending cutbacks

Shares in Indian outsourcing giant Tata Consultancy Services (TCS) dipped to a six month low after the firm warned that American financial sector clients are holding back on discretionary spending.

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McKinsey buys PriceMetrix

PriceMetrix, an industry leader in practice management analytics software today announced its acquisition by McKinsey & Company, the most respected name in management consulting.

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SumUp hits profitability

SumUp, mobile point-of-sale (mPOS) company, today announced that it has reached profitability.

WeLab raises $25 million credit facility from ING

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WeLab raises $25 million credit facility from ING

At a time when marketplace lenders are struggling to raise funding, Hong Kong's WeLab has landed a $25 million credit note from Dutch bank ING.

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Payworks raises 4.5 million USD in Series A financing to fuel global expansion

Payworks, provider of a next generation payment processing technology, announced today that it raised 4.5m USD in Series A financing from investors Rumford and HW Capital, as well as leading US & European payment executives.

Ingenico shares slump on US sales warning

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Ingenico shares slump on US sales warning

Shares in French eftpos terminal supplier Ingenico slumped in early morning trading after the firm revised revenue guidance due to a "sudden and significant decline" in US sales.

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Six income grows in first half of 2016

Given the challenging economic environment, SIX can look back on a good first half of 2016. Compared to last year, operating income, EBIT and Group net profit all rose.

Boku bids for mainstream acceptance with $13.7 million funding round

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Boku bids for mainstream acceptance with $13.7 million funding round

Carrier billing outfit Boku has secured $13.7 million in venture funding as it bids to capitalise on increased demand from major merchants in developed economies.

Nets files for IPO

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Nets files for IPO

Nordic payments processor Nets has applied for an Initial Public Offering in a partial share sale that is expected to generate proceeds of about Dkr5.5 billion ($824 million) for equity owners Advent International Corporation and Bain Capital Private Equity, as well as Danish pension fund ATP.

Australian fintech accelerator bids to raise $55 million for startup fund

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Australian fintech accelerator bids to raise $55 million for startup fund

Australian fintech accelerator H2 Ventures has lodged a prospectus with the country's securities regulator to file for an IPO as a listed venture capital company, with a view to raising up to $55 million for investment in early-stage startups.

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