Half of China's ten biggest unicorns, or start-ups valued at US$1 billion or above, are financial technology firms. Read more: www.chinamoneynetwork.com
European buyout house IK Investment Partners will use its IK Small Cap I Fund to buy a majority stake in Sweden-based payment solution provider OS Group, or OpenSolution.
Cryptocurrency technology business Blockstream has bought European bitcoin wallet software provider Green Address to increase the reach of its platform.
Consultancy KPMG and venture capital industry data tracker CB Insights this week published a big report on the state of FinTech funding in the second quarter of the year. Read more: uk.businessinsider.com
Standard Chartered and SuperCharger are inviting applications from start-ups for its SuperCharger FinTech Accelerator 2.0. Read more: www.bankingtech.com
The ReversePitch event at Technopark, was a wonderful fusion across the ecosystem and it captured much of the emerging interactivity. Read more: www.bankinnovation.com
There is no question that more technology innovation and value creation in financial services comes from the UK than anywhere else in the world. Read more: www.cityam.com