Financial

Calpian, a US electronic payments processing company, is set to see sales figures in its India-based investment, My Mobile Payments, grow substantially if the target company raises an anticipated series B round of between $75m and $100m, which will fuel an ambitious sales and marketing campaign.

Banco Santander makes strategic investment of over $6.7m in Sweden-based social payments company.

Start-up platform reported to be raising funds for itself from backers including Google Ventures

She joined Citi Ventures in April 2013 coming to the team from Citi's consumer business as head of North America marketing for the past three years.

Latin America private equity player GP Investments has joined forces with US secondaries specialist Newbury Partners and US multi-asset manager Fortress Investment Group to acquire and fund a new investment strategy through Switzerland-based private equity firm Apen. A total of $280m was provided in a mix of equity and debt finance, which will ultimately enable GP Investments to widen its remit into the secondaries segment.