The BBVA-backed Propel Venture Partners was among the investors in what the digital banking startup described as Brazil's largest ever series A round.

Mastercard, Intel, American Express and Santander could all exit the point-of-sale technology provider, which plans to float in Sweden.

Recruit has co-led a $15m to $20m round for financial services marketplace Rubique with Emery Capital.

Baidu has divested a majority stake in its financial services unit, raising capital from investors including Taikang and ABC International.

The corporate's Vision Fund is reportedly set to invest $150m in the insurance portal as part of the round, which could value it at $1bn.

PayPal was among the investors as the consumer cash-back platform completed a series A round that will support product development.

Swisscom, Avaloq, Swiss Post and Sicpa have all backed a round of undisclosed size for the cryptocurrency and blockchain technology provider.