Fenbeitong becomes China’s latest FinTech unicorn
Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.
Lightico snares $15m in Capital One-backed Series B
US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.
Connected accounting cloud platform Lockstep nets $10m in Series A funding
Connected accounting cloud platform Lockstep has scored $10m in its Series A round, which was led by Point72 Ventures.
Singapore’s Incomlend bags $20m Series A round to democratise trade finance
Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.
Neocova bags $9.5m in Series A to support digitalization of community banks
Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.
SIX increases stake in Swiss Euro Clearing Bank to 100%
Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).
MetaSource completes debt refinancing by LaSalle
Business process management and automation software developer MetaSource has completed a debt refinancing and dividend recapitalisation by LaSalle.
The Riverside Company-backed Brookson acquires InTouch Accounting
Global private equity firm The Riverside Company has acquired UK-based InTouch Accounting, to add it to its Brookson platform.
Marlin Equity acquires Medius from Novax, InnovationsKapital
Sweden-headquartered Medius has agreed to be acquired by private equity firm Marlin Equity Partners from Novax, InnovationsKapital and minority shareholders.
Token takes $15.7m to get banks ready for PDS2
Open banking compliance platform Token has secured a $15.7m investment from investors as the introduction of PDS2 nears.
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