Axinan, TenX and InvoiceInterchange are the first three participants to graduate from the online payment platform's Start Tank initiative.

NAB Ventures led the cross-border payment platform's latest round, which included GV and which was raised as it rebranded from Align Commerce.

Tata, Kotak Mahindra Old Mutual Insurance and Edelweiss Tokio Life Insurance have contributed to a funding round for microfinance provider Fincare.

Reliance Capital, Sapphire Ventures and Saama Capital have reportedly exited One97 Communications, selling a combined 4.3% stake to e-commerce firm Alibaba.

The accounting software provider has added Swisscom Ventures to its shareholders, while existing backers also returned for the latest round.

Mastercard, AXA, MetLife and Prudential are among the limited partners for the Accion Frontier Inclusion Fund, which will back technology that will make financial services more accessible.

Exchange operator Euronext has provided $10m in funding for bond information platform Algomi in the wake of a joint venture formed in November.

Sensibill, the developer of a receipt management tool for mobile banking apps, has raised $12.9m in a series A round co-led by OpenText's Enterprise Apps Fund.

Existing investor BBVA maintained its 29.5% stake in the mobile bank, investing $36m to lead its latest round, raised as Atom prepares to roll out new features.