The round included Visa, BBVA, SBI Group, ABN Amro's Digital Impact Fund and Bertelsmann's Arvato Financial Solutions subsidiary.

The tenth Open Talent contest will award three prizes of $62,000 each to financial technology businesses from across the world.

Insurance firm Aviva has co-led a round for Owlstone Medical, whose roots can be traced back to University of Cambridge.

BBVA invested $119m to increase its stake in the mobile bank to 39%, with the round's proceeds to support technology development and growth.

Lundbeck and Novo-backed nausea and vomiting therapy developer Acacia Pharma raised $49.6m in its initial global offering in Brussels.

Insurance firm Aviva has co-led a round for Owlstone Medical, developer of a breathalyser that will help detect lung and colorectal cancer.

Seven-year-old Southampton spinout Arkivum develops data archive software for sectors such as life sciences and financial services.