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Fintech funding round-up: 26 July 2017

Funding concept with smartphone

Bread but with the bluster removed. Following on from yesterday’s concise report, our latest fintech funding round-up keeps it brief. Features Cleo, Skype, ItzCash, Ebix and research from Innovate Finance. The “Siri of personal finance,” Cleo, a virtual money assistant, has received £2 million in funding from Skype’s co-founder Niklas Zennström and venture capital (VC) […]

Ebix buys majority stake in India’s payments tech vendor ItzCash

Ebix

Indian payment solutions provider ItzCash Card has a new main backer. This is Ebix, a US-based vendor of on-demand software and e-commerce services to the insurance, financial, e-governance and health care industries. Ebix has taken an 80% stake in ItzCash for $120 million.

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