Accounting

Dealflow, a burgeoning FinTech company, has successfully topped up its pre-seed investment round, achieving a new funding milestone of approximately €1.1m.

HSBC Holdings, Europe’s biggest bank, has partnered with Ember, an accounting-software FinTech, to roll out accounting and tax tools for small UK business customers.

Tide, a leader in the UK business financial platform sector, has launched a free current account in Germany aimed at small businesses.

Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.

Payflows, a FinTech startup, has recently raised €25m in a Series A funding round. This financial injection is spearheaded by Balderton Capital with substantial contributions from existing investors such as Ribbit Capital, Headline, and 20VC.

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. 

HighRadius Corporation, a leader in Autonomous Finance software, has expanded its innovative solutions with a B2B payments platform designed to cut payment processing costs significantly.