Airbase snares $60m in Menlo Ventures-backed Series B raise

US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.

Clair notches $15m to help gig workers get instant pay advances

New York-based startup that provides instant pay access as a service for human capital management platforms Clair raised $15m in Series A funding.

Bench closes Series C to support relaunch

Bookkeeping platform for small businesses Bench has closed its Series C funding round on $60m to support its product relaunch.

Payroll API for neobanks Pinwheel picks up Coatue-led $20m round

Payroll connectivity platform Pinwheel secured $20m in a Series A funding round led by Coatue.

Axle scores $10m Series A to support freight and logistics companies digitise financial operations

All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.

Payroll platform Pento said to close Series A on $15.6m

Cloud-based payroll platform Pento has reportedly secured $15.6m in its Series A funding round, which was led by General Catalyst.

Accounts automation firm Stampli lands $50m to ease business payments

Accounts payable (AP) automation company Stampli landed $50m in a Series C funding round led by Insight Partners, bringing its total funding to more than $87m.

Legion closes its Series C round on $55m

Workforce management company Legion has closed its Series C funding round on $55m, just nine months after it closed its Series B.

Expend storms past the target on its Seedrs crowdfunding campaign

Expend, an Ai-powered FinTech helping companies to better manage expenses, has exceeded the target on its crowdfunding campaign.

Bill.com acquires spend management company Divvy in $2.5bn deal

Cloud-based financial operations management platform Bill.com has acquired spend management unicorn Divvy in a $2.5bn deal.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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