American Express was among the investors in a round that will fund payment processor Clip's expansion in its home country of Mexico.

Conglomerate Legend Holdings has applied to list Legend Capital, which has $1.7bn under management, on China's NEEQ market.

Small-scale financial services provider Bee raised the cash from backers including AXA Strategic Ventures, a subsidiary of insurance firm AXA.

Intesa Sanpaolo and Old Mutual were among the limited partners in a private equity fund that will invest in growth-stage financial services businesses in Africa and Asia.

Insurer Allianz and internet company Baidu are combining with Hillhouse Capital to form an insurance company that will target the digital sector.

The mobile banking company, expected to officially launch early next year, raised the money in a round led by BBVA, which invested $68m for a 29.5% stake.

Warwick University launches spinout Funding Invoice to cut down the wait on invoices.

The two will put $313m into Baixin Bank, which will provide direct banking services in their home country of China.