Peer-to-peer lending company Ppdai has secured nearly $100m in the series C round, which also featured Susquehanna International Group.

Investment bank UBS and accelerator Level39 have partnered to set up a programme aimed at developing innovative financial technology.

Citigroup-backed ReadyForZero has been acquired by big data platform Avant for an undisclosed amount.

Telus and BBVA-backed Taulia has named Cedric Bru as its new chief executive.

The Malaysia-based financial institution has partnered with accelerator 1337 Ventures to select 20 startups for a Southeast Asian bootcamp.

American Express exited the financial planning service after participating in two funding rounds over the last two years.

Microfinance service Fenqile has secured an undisclosed amount from e-commerce company JD.com, three months after a $100m Bertelsmann-backed series B round.

The e-commerce company has become the latest limited partner for IT-focused venture capital firm Jerusalem Venture Partners, committing $15m.