Payroll management company CloudPay raises $58m

CloudPay, which connects payroll systems, has netted $58m in a new funding round to help bolster its position in the market.

Moss extends its Series A, increasing its valuation to $264m

Moss, a financial management platform, has collected $29m in its Series A extension, coming six months after the initial round close.

Business payment acceleration firm Branch nets $540m in Lee Fixel’s Addition-led round

Branch, which has built a flexible workforce payments platform, raised $48m in Series B funding and closed on a $500m credit facility.

Paris-based Spendesk bags €100m to help finance firms in Europe with spend management

Spend management platform for finance teams Spendesk raised €100m in Series C funding, bringing its total funds raised to €160m.

Remote earns the unicorn horn after netting $150m to help companies manage payroll for...

NYC-based remote working services company which provides tools to manage onboarding, payroll, benefits and other services for workers located in remote countries Remote raised $150m in Series B funding.

Go Ventures, Sequoia India’s Surge back Vara to digitise Indonesian SME payrolls

Indonesia-based staff management platform Vara raised $4.8m in seed funding from Go Ventures, the investment arm of super app Gojek, as well as RTP Global, Alpha JWC Ventures, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures.

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.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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