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EVO payments files for IPO

EVO Payments International (the “Company” or “EVO”), a payment service provider operating throughout North America and Europe, announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission.

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Avaloq acquires 10% stake in Swiss blockchain and crypto-currency specialist Metaco

Swiss fintech leader Avaloq has acquired a 10% stake in Metaco, the Lausanne-based blockchain and crypto-currency specialist.

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UK Government goes all in on AI

More than 50 leading businesses and organisations have contributed to the development of a £1 billion deal to put the nation at the forefront of the artificial intelligence industry, featuring almost £300 million of new private sector investment.

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Revolut to expand internationally on $250 million fund raise

Revolut has raised $250 million, boosting its valuation five-fold to $1.7 billion.

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Global fintech funding hits record $5.4bn in Q1

VC-backed fintech firms raised a record $5.4 billion in the first quarter of 2018, boosted by a dozen mega-rounds of at least $100 million, according to the latest figures from CB Insights.

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DFS Labs invests in four African fintech startups

Digital Financial Services Lab (DFS Lab), a fintech accelerator funded by the Bill and Melinda Gates Foundation, today announced it would invest $200,000 in four separate startups that are building financial service products for low-income and unbanked consumers in developing markets.

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Arvato invests in biometric outfit SecuredTouch

Arvato Financial Solutions invests in Israeli behavioral biometrics pioneer SecuredTouch in a joint effort to ensure greater security and user experience for digital transactions

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RegTech startup ClauseMatch raises $5 million

RegTech startup ClauseMatch has raised $5 million to boost its mission to help financial institutions keep pace with the "broken" regulatory system, in a Series A round led by Index Ventures.

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Swedbank invests EUR3 million in Meniga

Swedbank has invested EUR3 million in personal finance and data aggregation platform Meniga, as it begins the roll out of the firm's technology to customers in Sweden and the Baltic countries.

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Landbay closes 6th investment round on Seedrs

Landbay, one of the first ever businesses to successfully raise investment through Seedrs, has today closed their 6th investment round on the platform.

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Bamboo Capital Partners exits from Latin American microfinance firm Mibanco

Bamboo Capital Partners (“Bamboo”), the pioneering private equity firm delivering positive social and financial value, today announces that it has exited its investment from Mibanco, Latin America’s largest microfinance bank by asset size, through a divestiture to Credicorp Ltd.

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MFS Africa secures $4.5 million led by Chinese fund LUN Partners

MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group.

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Rabo Frontier Ventures acquires stake in GoCredible

Rabo Frontier Ventures (RFV), Rabobank’s strategic investment arm, is investing in Netherlands-based FinTech company GoCredible by acquiring a stake in the company.

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Santander joins $55 million round in Creditas

Santander InnoVentures, the $200M fintech venture capital fund of Santander Group, has joined a $55 million funding round in Brazillian secured lending platform Creditas.

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SFRE Fund invests over £6m in Unity Trust Bank

The Sustainability | Finance | Real Economies fund, also known as the SFRE Fund (pronounced Sapphire), has taken an important equity stake of over £6 million in Unity Trust Bank (Unity), a values based bank located in Birmingham, the United Kingdom.

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Oval Money raises £1.3 million

Oval Money, the budget management app launched by the former CEO of Uber Italy, has raised £1.3 million in fresh funding, with 60% of the cash generated by individual investors on Crowdcube.

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Da Vinci Capital invests in Russia's Global Fintech Solutions

Global Fintech Solutions (GFS), a fintech platform aimed at transferring leading global technologies into emerging markets, raised a new funding round from several funds under the management of Da Vinci Capital and from its the portfolio group, ITI Funds. Investment group Prytek was a co-investor in the investment round.

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Wirecard raises FY18 Ebitda guidance as 2017 revenues surge by 44.9%

In the 2017 fiscal year, Wirecard AG was able to push forward the digitalisation of payment processes very successfully across the world and greatly enhance its competitive advantage through the continuous expansion of its digital platform.

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Liberis secures £57.5m in funding

Leading small business finance provider, Liberis, has secured £57.5m in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot.

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AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, announces that from today the fund is rebranding and will be known as AXA Venture Partners.