HR/Payroll

PayFit raises €70m from European investors

French payroll and HR platform PayFit has raised €70m in a funding round led by Eurazeo and Bpifrance Eurazeo used its Large Venture fund to...

Benepass has closed $2.2m seed round

Benefit card provider Benepass has closed a seed round backed by Y Combinator, Gradient Ventures and Elysium Venture Capital.
GrainChain raises $29m to digitise agricultural supply chains

GrainChain raises $29m to digitise agricultural supply chains

GrainChain, which is digitising the agricultural supply chain, has closed an investment round on $29m.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Papaya to acquire Azimo to boost its payroll capabilities

Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.

Trading Technologies International invests into KRM22

Professional trading software provider Trading Technologies International (TT) has invested $6.35m into KRM22, a software investment company that focuses on risk management for capital markets.

Elavon acquires Sage Pay in £232m deal

Elavon, the global merchant acquirer and subsidiary of U.S. Bancorp, has agreed to acquire Sage Pay for £232m.

Kufu Takes $4.9m for automated HR platform

Kufu, a Japanese company developing HR automation platform SmartHR, has raised ?500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).

Jojonomic pulls in $1.5m to take the misery out of expenses

Expenses management app Jojonomics has raised $1.5m in a round led by Maloekoe Ventures.
fintech-news

BenefitMall names Scott Kirksey as new CEO

Employee benefits and payroll services provider BenefitMall has named its former president Scott Kirksey as the new CEO.

News Stories

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

Philippines steps up financial innovation with new payment systems regulations

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS),
FCA

FCA cracks down on misleading financial ads on social media

The FCA has issued a clarion call to firms and finfluencers on the imperative of maintaining legality and clarity in their social media advertisements.
How wealth management firms can get ready for generative AI

How wealth management firms can get ready for generative AI

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.

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