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.

Currencycloud highlights the rise and evolution of invoice finance

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

Arex secures €8.8m Series A to speed up UK, Spain rollout

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

Coupay collects £200,000 to help SMEs get payment faster via its open banking platform

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

N26, Uber execs back France’s Upflow in $15m round to help businesses get paid...

Paris-based startup that helps B2B companies get paid Upflow raised $15m in a Series A funding round to help businesses avoid late payments and improve cash flow.

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.

Pennylane picks up $18m from Sequoia for its financial management and accounting platform

Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.

AI-powered revenue intelligence firm Gong grabs a $250m Series E at $7.25bn valuation

Enterprise sales enablement platform Gong raised $250m in a Series E funding round valuing the company at $7.25bn, more than triple its previous valuation of $2.2bn.

Wayflyer lands $76m to provide revenue-based financing to e-commerce merchants

Ireland-based provider of e-commerce growth platform Wayflyer scored $76m in Series A funding.

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.

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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