Capital markets

Several startups have announced new funding rounds in the last month. They plan to use the cash to improve their products and ramp up sales.

Seoul-based Viva Republica, which is seeing brisk growth with Toss, its person-to-person payments app, recently drew $48 million in venture capital funding. The series C funding round was led by Silicon Valley’s Goodwater Capital, along with PayPal, Bessemer Venture Partners, Altos Ventures and Partech Ventures.

The fintech firm will use the $5.5 million in funding to expand its operations and improve its products.

Innovate Indiana is taking part in a $2.6 million investment in Rippleshot, a company that uses artificial intelligence to detect card fraud.

The cross-border payments startup will use proceeds from its Series D round to fuel growth.

Qapital's funding round comes as banks are increasingly adding money management tools to their mobile apps.

ID.me raised $19 million in a Series B round that was led by FTV Capital and included USAA.

San Francisco-based Align Commerce, which leverages blockchain and other technologies to enable cross-border payments for small- to midsize businesses, has rebranded itself as Veem and landed $24 million in funding to expand its operations.

Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc.

Venture capital often moves like a tide. Janet Bannister seeks opportunity that's just a bit farther out.

The Most Influential Women in Payments are the ones taking risks with new ideas and investments, and developing the technology that will forever change the way people handle money. Not only do they set an example for their peers, they are unafraid to learn from newcomers and are diligent about encouraging a freshness and diversity of ideas.

Quona Capital Management Ltd. raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.

Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

A joint venture the California company operates in China opened its first branch in Shanghai in 2012.

As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.

Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.

It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas.