Modern Treasury secures $38m for its Series B round

Payments operations software platform Modern Treasury has bagged $38m in its Series B round, which will enable the company to grow its product offering.

France-based Pennylane said to raise $18.4m in funding

France-based FinTech Pennylane has reportedly netted $18.4m in funding to support the development of its bookkeeping tools.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Rally Ventures races to $250m final close for biggest fundraise yet

Early stage business tech investor Rally Ventures has hit a $250m final close for its fourth flagship fundraise.

Stanhope Financial Group bags $3.5m to launch its tier one banking services for SMEs

Newly launched FinTech platform Stanhope Financial Group has bagged $3.5m in funding to support the release of its banking services for small and medium enterprises (SMEs).

Osome has secured $3m in investment

RegTech and accounting app Osome has netted $3m in a new funding round.

30 FinTech rounds from last week you cannot afford to miss

What do the 30 FinTech funding rounds from last week tell us about the state of the industry?

Spendesk extends its Series B by $18m due to success during the pandemic

Spend management platform for SMEs Spendesk has closed an additional $18m to its Series B round, brining the round total to $56m.

Subscriptions platform Chargebee nets $55m in its Series F

Chargebee, a subscription billing and revenue solution, has scored $55m in its Series F round.

Tipalti boosts its valuation to $2bn after the close of a new investment

Global payables automation company Tipalti has extended its valuation to 2bn, following the close of a $280m funding round.

News Stories

HMRC publishes list of companies fined over $23.8m in total for breaching money laundering...

HM Revenue and Customs has named and shamed businesses that have been fined a total of more than £23.8m for breaking money laundering laws.

Future FinTech Group closes direct offering to the tune of $15m

E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.

Bookkeeper360 secures $1m seed round

Accounting startup Bookkeeper360 has secured $1m in seed capital to scale the venture and brings the total invested into the company to $2.1m since launch.

Expense management platform SalesTrip scored $1.4m in funding

SalesTrip, which builds expense management and travel booking software, has scored $1.4m in its seed funding.

Royale Finance said to collect $1.45m to bring DeFi to the iGaming industry

Royale Finance has raised $1.45m in funding to help merge DeFi with the iGaming industry.
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