The Intel Capital-backed exchange saw a 25.7% pop, in the first listing of an Indian exchange in the country.

US-based bank's corporate venturing unit backs Hong Kong-based trading company founded two years ago.

The power of networks is evident - even in a world of a frictionless payments, everyone needs contacts.

Visa Europe follows backing UK-listed payment technology company Monitise last year, by also backing one of its investments UK-based mobile payments company Mobile Money Network, chaired by former Marks & Spencer head Sir Stuart Rose.

Fifth Third Bancorp is eyeing $6m to $8m of investment in start-ups in its local states in a programme developed with West Capital Advisory.

The American Express, Verizon and Rogers Communications-backed payment processing company hires staff members with backgrounds at Visa, Mastercard and American Express.

Amir Aviv, chief executive of Poalim, will head the fund, with Bank Hapoalim's Ari Pinto, head of corporate strategy, and Zvi Naggan, head of information technology a former Amdocs executive, on the committee, according to news provider Globes.

The online cash payment platform has taken its total funding to $6.25m, with business platform BetterWorks among the backers.

The two firms are embarking on a joint venture with UPS extending a debt facility to online merchant lender Kabbage as part of the deal.

The commodities exchange, which counts Intel, Financial Technologies and several financial services firms among its backers, will float in the next two weeks.