Accounting

Vic.ai

Vic.ai scores $52m in Series C raise

Vic.ai, an AI accounting firm, has landed $52m in a Series C investment round led by GGV Capital and ICONIQ Growth.

Hopscotch launches beta, extends seed

Hopscotch, a community-oriented B2B payments platform that facilitates instant, fee-free payments for small businesses and startups, has launched its private beta alongside a $6.1m seed extension.

Autobooks snaps up $5.5m for SME accounting platform

SME accounting and payments software provider Autobooks has picked up $5.5m in a Series A venture round. Draper Triangle Ventures led the investment.
Lettuce Financial secures $6m to revolutionise accounting for solopreneurs

Lettuce Financial secures $6m to revolutionise accounting for solopreneurs

Lettuce Financial, a pioneering company in the FinTech sector, has just announced a significant milestone in its journey to democratise accounting and tax services for solopreneurs.
EverBank enhances digital services through strategic alliance with Backbase

EverBank enhances digital services through strategic alliance with Backbase

Backbase, described as the global leader in Engagement Banking, has entered into a strategic partnership with EverBank, known for its comprehensive financial services across consumer and commercial sectors. 

Column Tax said to raises $21.7m six months after seed

Personal income tax software platform Column Tax has reportedly raised $21.7m in its Series A funding round.

LeaseQuery receives $40m in Series A from Goldman Sachs

LeaseQuery, a lease accounting software solution, has received $40m in a Series A round from Goldman Sachs’ Merchant Banking Division.

Bridgepoint leads $160m growth round for US FinTech Kyriba

Global buyout house Bridgepoint has led a $160m growth round for Kyriba, giving the US-based fintech business a $1.2bn valuation. Bridgepoint has acquired a majority stake...

Payment giant Stripe rolls out new tax compliance tool, Stripe Tax

Stripe launched a new tax compliance tool called Stripe Tax to help businesses automate the calculation and collection of sales tax, value-added tax (VAT), and goods and services tax (GST).

Spend management app Yokoy scores Series B ahead of Europe growth

Spend management platform Yokoy has closed its Series B on $80m, with Sequoia Capital serving as the lead backer.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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