Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

BaFin orders N26 to improve prevention of money laundering and terrorist financing

German Federal Financial Supervisory Authority (BaFin) has ordered challenger bank N26 to improve its prevention of money laundering and terrorist financing.

UK-based challenger bank Monzo secures £71m

UK challenger bank Monzo has secured a £71m investment, alongside a new crowdfunding opportunity.

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Sychronoss Technologies sells its Intralinks subsidiary for $1bn

Cloud, messaging and digital solution provider Synchronoss Technologies has sold its wholly owned subsidiary Intralinks to Siris Capital Group in a deal worth $1bn.

equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance.

Life insurer Health IQ closes $34.6m Series C round

Health IQ, a life insurance company for health-conscious individuals, has raised $34.6m in a Series C round led by Andreessen Horowitz.

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