Bitso raises $2.5m USD round in Series A1 to transform the...

Bitso, Mexico’s leading Digital Currency Exchange, announced today it closed a $2.5 million dollar Series A1 financing round. Read more: www.fintechroundup.com

Xero launches machine learning automation to transform accounting

Xero is announcing an machine learning automation system that is set to transform the accounting practices of small businesses and their partners. Read more: www.fintechroundup.com

Bankjoy Inks Three New Deals

FinTech company Bankjoy has signed three more credit union contracts. Read more: www.fintechroundup.com

WeLab secures US$25 million credit facility to fuel Hong Kong growth

WeLab, one of the fastest growing FinTech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. Read more: www.fintechroundup.com

Europe’s Best Kept Digital Payments Secret Just Got Better

Aiming To Become The Leading Online Payments Innovator For European-Based Online Business, SecurionPay Launches New Feature To Get One Step Closer. Read more: www.fintechroundup.com

Ginmon goes to Frankfurt’s financial district

German Robo Advisor Ginmon and other FinTechs move into the new center “The Spot” and settle in Frankfurt’s financial district.

Financial Fraud Action stats highlight risk of business complacency

The latest Financial Fraud Action (FFA) UK report, published today, reveals financial fraud cases in 2016 totalled 1,857,506, amounting to a loss of £768.8m. Read more: www.fintechroundup.com

Lightspeed chooses Payworks to provide EMV payments to merchants in the...

Payworks today announced it will serve as the payment gateway technology for Lightspeed’s merchants at the Point of Sale. Read more: www.fintechroundup.com

Blockchain, cryptocurrencies and Banking

According to Sopra Banking Bitcoins and other cryptocurrencies are based on digital technologies and utilize cryptography, through the ‘blockchain’, as the method of protection. Read more: www.fintechroundup.com

Rapid growth at Moneyfarm matched by strong performance

Moneyfarm, the digital wealth manager, today announces a 16% month-on-month average growth and another new senior hire. Read more: www.fintechroundup.com

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