Jeff Bezos-backed accounting startup gains unicorn status after new funding round

Accounting startup Pilot raised a new $100m round of funding from Jeff Bezos and other Silicon Valley investors to help small businesses outsource back-office tasks, therefore gaining the unicorn badge.

What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

Digital banking solutions provider Meniga closes €10m investment

UK-based digital banking solution Meniga closed a €10m investment round to boost and meet the escalating demand for its sustainable financial products.

Alternative to business banking Zeller said to close $25m Series A round

Zeller, which offers an alternative to business banking, has reportedly revealed that it collected $25m in its Series A last year.

upSWOT scores $4.3m in seed funding

upSWOT, which helps financial institutions improve services to small and medium enterprises, has bagged $4.3m in its seed round.

Revolut Business launches Expenses to help firms with company spending

Revolut Business has launched Expenses, a tool designed to help business owners stay organised and in better control of company spending.

Wrapbook secures $27m in its Series A round

Wrapbook, a financial dashboard for businesses, has secured $27m in its Series A round.

Bookkeeping platform Zeni launches its AI concierge service

Bookkeeping platform Zeni has launched an AI-powered finance concierge for startups.

Accounting startup Monite said to raise pre-seed funding to support product development

Automated accounting company Monite has reportedly netted €1.1m in a pre-seed funding round, which will help it launch new product lines later this year.

Accounting firm Ageras secures $73m to ease financial needs for businesses

Investcorp-backed global asset manager company Ageras has raised $73m in new funding round from Lugard Road Capital.

News Stories

Cado Security scores $10m in its Series A, hot off the heels of its...

Cloud-native digital forensics platform Cado Security has scored $10m in its Series A round, which will help it support the “significant demand” for its platform.

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Lloyd’s Lab names the 11 InsurTechs in its latest accelerator cohort

Lloyd’s Lab has announced the 11 companies it has selected for its sixth accelerator programme.

Danish FinTech Cardlay lands €8m from former Mastercard president

Copenhagen-based FinTech Cardlay has secured €8m in capital from Global PayTech Ventures, venture fund managed by former Mastercard executive Javier Perez.

Dating app Manhunt hacked with thousands of accounts leaked

Gay dating site Manhunt revealed a major data breach where a hacker gained access to the account information of the website’s nearly six million users in February 2021, according to a notice filed with the Washington attorney general’s office.
15585

Did you know that AI-driven AML automation can cut down cost by 20%?

Download the whitepaper to find out how name science is transforming the field

120,000+ FinTech leaders get exclusive industry stories delivered every week