Online payment giant, PayU which has operations in 18 countries has announced the appointment of Aakash Moondhra as its global CFO. Aakash joins Naspers payment vertical from Snapdeal, where he held the position of CFO. He was also responsible for Legal, Corporate Affairs, Internal Controls and Risk. At PayU global, as well as the classic CFO role managing financial operations for PayU Global’s 18 countries (Latin America, India, Central Eastern Europe, and Middle East & Africa), Aakash will also support in shaping the strategy & vision of Naspers Fintech business.

 London Stock Exchange Group (LSEG) and The Depository Trust & Clearing Corporation (DTCC) today announced that they are partnering to provide clients with a connection to UnaVista’s Approved Reporting Mechanism (ARM).

AccessPay, the provider of payment automation and business intelligence, has confirmed its plans for rapid expansion following substantial year-on-year growth. The company predicts a growth trajectory of 400% for 2015, its strongest to date, and plans to significantly increase its workforce by the end of the year.

Gartner, Inc. (NYSE:IT), the leading provider of research and analysis on the global information technology industry, today announced the acquisition of Capterra, a privately-held company based in Arlington, VA. Terms were not disclosed.

Capterra helps organizations find the right business software to meet their needs. The acquisition of Capterra is consistent with Gartner’s growth strategy to invest in developing world-class products and services that help clients make the right technology-related decisions, every day.

 Silicon Valley Bank and MasterCard are inviting startups from across the United States to apply for Commerce.Innovated., a p

In a recent survey 500 of small businesses across the US and UK, BCSG found that mobile & online banking has overtaken branches as the channel of choice for SMEs to receive financial services. However, although there is still a considerable demand for business financial management (BFM) tools in the SME space (especially for bookkeeping, expense management & business planning), only about 30% of those surveyed actually had a software solution in place.

Silver Cloud Ventures announces today that it has sold its equity and debt interests in DESlock Ltd.  The transaction sees theTaunton-based full disc encryption software business acquired by the pioneer of proactive protection ESET®.

Silver Cloud Ventures also has sold its equity and debt interests in DESlock Ltd. Silver Cloud Ventures Managing Director Joe Stelzer commented.  "This transaction represents Silver Cloud's first exit in the Technology sector following its initial investment in conjunction with secondary buyout fund Shackleton Ventures over 3 years ago."

Kerv, the London fintech startup, today launches the world's first contactless payment ring on kickstarter.com in a bid to raise £77k mass-production capital via crowdfunding. 

Cavium, Inc., (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, service provider wired and wireless networking, will be participating at 2015 OVH Summit at Paris, France on 24^thSept 2015. OVH Group is one of the largest cloud computing and hosting providers in the world and the largest hosting provider in Europe.