HighRadius becomes the first new FinTech unicorn of the decade

HighRadius, an AI-powered treasury management and order-to-cash software developer, has become the first unicorn of the new year after it closed a $125m Series B round.

TaxBit raises funds as it explores international expansion

Cryptocurrency tax automation software user TaxBit has collected $5m in its seed funding round.

Tax platform Quicko said to raise $277k to support enhancement of services

Digital tax platform Quicko has reportedly raised INR 2 Cr ($277,000) in seed funding from Rainmatter Capital.

Receipt Bank pulls in Series C as it seek continued international expansion

Bookkeeping platform Receipt Bank has raised $73m in a mixture of equity and debt through its Series C round.

Bookkeeping platform CollBox collects seed funding

CollBox, a bookkeeping platform aiding businesses collecting past due invoices, has scored $1m in seed funding.

BillingPlatform collects $10m from Columbia Capital

BillingPlatform, a cloud-based billing software company, has bagged $10m in Series B funding from Columbia Capital.

Hourly bags $7.15m in seed funding to support market expansion

Hourly, a startup focusing on workers’ comp insurance, payroll and time tracking for SMEs, has bagged $1.15m in seed funding.

AvidXchange hoping to increase company valuation to $2bn

Accounts payable software supplier AvidXchange is reportedly eyeing a private fundraise which could see the business valued at $2bn.

Canopy closes $13m funding round and names new CEO

Canopy, a cloud-based platform for tax professionals, has scored $13m in a funding round made up of both debt and equity.

Swedish FinTech Bokio secures €4m in funding

Swedish bookkeeping platform Bokio has secured €4m in its funding round to support the creation of additional AI-powered tools.

News Stories

Acturis partners with QOMPLX:UNDERWRITING

InsurTech software builder Acturis has partnered with QOMPLX:UNDERWRITING , a cybersecurity and data analytics platform.

Insurance Board to implement Origami Risk for streamlined operations

Insurance Board, a non-profit corporation which administers property and casualty insurance for churches in the US, has chosen Origami Risk to streamline its underwriting.

UK and Swedish companies have captured almost two-thirds of investment in Funding Platforms in...

European Funding Platform companies have raised $384.7m across 87 transactions, with both UK and Swedish companies capturing 59.8% of the sector’s funding since 2015....

Gig economy FinTech Sonovate taps RegTech company TruNarrative to help strengthen its onboarding processes

Cardiff-based FinTech company Sonovate is on a mission to strengthen its customer onboarding processes. To succeed, it recently turned to TruNarrative, the RegTech company.

Meniga receives license from Financial Conduct Authority

Meniga, which helps consumers improve their financial lives, has successfully registered as an Account Information Service Provider by the UK’s Financial Conduct Authority (FCA).