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Levvel to buy PayStream in B2B payments push

IT consulting firm Levvel announced plans to buy PayStream Advisors as it looks to expand its expertise into B2B payments. Read more: www.pymnts.com

Ayondo group launches mobile app for virtual trading

Fintech group ayondo has launched a new mobile app, the ayondo academy, targeting investors who want to experiment and learn in a simulated trading environment. Read more: www.enterpriseinnovation.net

Camino grabs $2m for Hispanic-owned business lending

Online credit marketplace Camino has raised $2m in a new round of venture funding.

Clara nabs $27m in VC funding for mortgage lending platform

California-based FinTech startup Clara has raised $27m in a second round of financing led by Redpoint Ventures and Venrock. Read more: www.altassets.net

Banks begin trial for blockchain-based foreign exchange

Cobalt DL has begun beta testing its blockchain-based, peer-to-peer foreign exchange network with a number of major banks.

PayPal teams up with Xero for SME invoices

PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.

RealtyMogul targets $50m commercial real estate fund

Online real estate investment marketplace RealtyMogul is launching its first crowdfunded commercial property, MogulREIT I.

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard’s $17m Series B round.

BluePay taps CardFlight for mobile EMV solution

US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.

Citi’s head of FinTech leaves bank

Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.

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