UAE-based Bayzat collects $16m Series B
Bayzat, company offering human resources, payroll, and employee benefits, has collected $16m in its Series B.
France-based Mooncard secures €37m in funding
France-based Mooncard, which automates corporate spend management, has raised €37m in a fresh funding round.
Papaya Global receives strategic investment from Group11
Global payroll and payment platform Papaya Global has received a strategic investment from Group11.
Travel and expense management fraud to rise, as will fraud
Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.
Cacheflow bags $10m as it focuses on sales
Cacheflow, a no-code SaaS sales platform, has netted $10m in a fresh funding round, as it looks to bolster sales and marketing initiatives.
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.
Forma lands $40m Series B
Life benefits platform Forma has raised $40m in Series B funding in a mission to transform employee benefits for the modern workforce.
CloudPay partners with Ramco for multinational payrolls
CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.
Oyster bags $4.2m in seed round led by Connect Ventures
HR and employee benefits platform Oyster has bagged $4.2m in its seed round which was led by UK venture capital firm Connect Ventures.
Payroll platform Worky nets $3m in its seed round
HR and payroll platform Worky has collected $3m in its seed round which was led by QED Investors.