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/crypto

Crossover Markets scores $12 million funding round

Digital asset trading technology firm Crossover Markets has raised $12 million in a Series A funding round led by Illuminate Financial and DRW Venture Capital.

/payments

Payabli closes $20 million Series A

Embedded payments platform Payabli has closed a $20 million Series A.

/ai

Central banks must raise game in face of AI - BIS

Central banks should embrace artificial intelligence to sharpen their analytical tools in pursuit of financial and price stability, according to the Bank for International Settlements.

/payments

MuchBetter launches 'free' contactless payments ring

Wearable paytech provider MuchBetter has launched a contactless payments ring in Italy that is free - as long as users load it with €100 through the associated app.

/payments

Computop calls on retailers to join EPI pilot trials

EU payment gateway Computop is calling on merchants to join pilot trials of the bank-backed European Payments Initiative's wero wallet scheme.

/payments

US judge rejects $30bn interchange fee settlement

A US judge has rejected a $30 billion settlement between Visa, Mastercard and retailers over credit card interchange fees.

/startups

Augmentum Fintech invests in LoopFX

Augmentum Fintech has made a £2.6 million investment in London-based peer-to-peer FX trading platform LoopFX.

/identity

Digital IDs from Lloyds, Yoti and the Post Office gain proof of age accreditation

Three digital ID apps from Yoti, Lloyds Bank and the Post Office have been accredited by the UK’s national Proof of Age Standards Scheme (Pass).

/startups

BaaS startup Connect Money raises $8 million

Egyptian Banking-as-a-Service startup Connect Money has closed an $8 million seed funding round led by Disruptech Ventures and Algebra Ventures.

/startups

Chift raises seed funding to help SaaS companies build integrations

Chift, a Belgian startup that helps SaaS companies integrate with other financial applications and tools via APIs, has raised €2.3 million in seed funding.

/wholesale

Funding Circle sells US business

Small business lender Funding Circle has reached an agreement with iBusiness Funding for the sale of its US operations in a £33 million all-cash deal.

/startups

MiddleGame Ventures raises new fintech fund

MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on fintech startups, has raised a new fund targeting early-stage investments in Europe.