Orderbird, an iPad point of sale system, has received $10m in series B funding from payment transaction company Concarnis and undisclosed private investors.

Xavier Rolet, chief executive of the London Stock Exchange, and Stephen Welton, chief executive of the Business Growth Fund, discuss equity as an engine for growth

Mobile payment service Inventorum is set to further develop its product with $5.1m in series A funding provided by investors including High-Tech Gruenderfonds.

SpeedInvest II will total $63m.

Deutsche Telekom and Georg von Holtzbrinck exited mobile payments platform Mopay as it was acquired by Boku for an undisclosed sum.

ACI and Bank of America are both shareholders in the account aggregation company.

The Germany-based bank, which already runs an incubator, has launched a dedicated corporate venturing unit to fund European financial technology start-ups.

Mobile internet company One97 has begun talks to raise $200M in funding for its Intel and SAP-backed mobile payment subsidiary Paytm.

The online payment services provider has now raised almost $500m in total, securing the latest funds at a $6bn valuation.

Crowdfunding and media company Patreon has raised $15m in a series A round featuring UTA and CAA to enable more artists to make money from their work.