Infrastructure & Enterprise Software

Acumatica nets $25m in Series C led by Accel-KKR

Business management software developer Acumatica has netted $25m in its Series C funding round led by Accel-KKR.

Siemens AG acquires digital transformation company Mendix in $730m deal

Mendix, a digital transformation company, has been acquired by Siemens AG in a deal worth $730m in cash.

ScaleFactor nets $60m in Series C led by Coatue

ScaleFactor, a smart finance and automated accounting platform, has netted $60m in its Series C round led by Coatue.

How Covid-19 supercharged the growth of the digital remittance market

A new blogpost by Currencycloud has underlined how the coronavirus pandemic and the restrictions put in place due to it has led to the massive growth of digital remittances.

Tax compliance firm Blue dot banks $32m while eyeing global expansion

AI-driven tax compliance solution provider Blue Dot secured $32m in a Series C round led by Ibex Investors in partnership with Lutetia Technology Partners.
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Blueday bags growth investment from Radian Capital

Revenue management company Blueday has nabbed a growth equity investment from Radian Capital.

Singapore named most cyberattack prepared country in the Asia-Pacific as fear of hacking delay...

From: RegTech Analyst Deloitte has named Singapore, Japan and Australia as the nations in the Asia Pacific that are the best prepared for hack attacks. The...

Retirement software builder Ascensus acquires Beneco for undisclosed amount

Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.

Open banking startup Yapily raises $13m in Series A funding round to drive growth...

Yapily has closed a $13m investment round led by Revolut-investor Lakestar. The open banking startup will use the cash injection to strengthen its grip...
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BankFirst partners with Saylent to improve customer engagement

Saylent, a provider of data analytics and targeted marketing automation software for financial institutions, has formed a partnership with BankFirst Financial Services.

News Stories

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.
EverBank enhances digital services through strategic alliance with Backbase

EverBank enhances digital services through strategic alliance with Backbase

Backbase, described as the global leader in Engagement Banking, has entered into a strategic partnership with EverBank, known for its comprehensive financial services across consumer and commercial sectors. 
Napier AI connects FinTech innovation with anti-money laundering strategies in new podcast

Napier AI connects FinTech innovation with anti-money laundering strategies in new podcast

In the latest episode of Napier AI's podcast series, Paysafe’s former MLRO and Napier AI's data scientist delve into the integration of machine learning (ML) in combating financial crimes within the FinTech sector.
Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

Jensten Group lands over £170m in new borrowing facilities to further growth plans

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

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