Accounting

Reconciliation solution Recko closes its Series A

Recko, an AI-powered reconciliation of digital transactions service, has scored $6m in its Series A round which was led by Vertex Ventures.

Mediware Information System acquires revenue management company MEDTranDirect

Healthcare revenue management company MEDTranDirect has been acquired by Mediware Information Systems.

Canopy secures $11m in fresh funding

Canopy, a cloud-based practice management platform for accountants, has scored $11m in fresh funding.

ZenLedger receives $1.5m in seed round led by FinTech-focused VC Vestigo Ventures

ZenLedger, a tax software developer for cryptocurrency investors, has received $1.5m in its financing round.

Accounts receivable management platform Tesorio closes Series B

Tesorio, accounts receivable management platform, has scored $17m in its Series B funding round, which was led by BAMCAP Ventures.

Flux raises $1.5m in seed funding round led by PROfounders

UK-based banking app Flux has raised $1.5m in its seed funding round, which was led by PROfounders.

FinTech unicorn AvidXchange already back in the fundraising market just months after last round

Accounts payable software developer AvidXchange has raised up to $127m in a new funding round, according to a new US Securities and Exchange Commission filling.

Teampay nets $4m Seed led by Crosscut Ventures co-founder

Enterprise debit card provider Teampay has netted $4m in a Seed round, to support its sales and marketing to boost customer reach, Teampay founder told FinTech Global

Accounting automation platform Vic.ai closes Series B

Vic.ai, an AI platform for autonomous accounting and financial intelligence, has collected $50m in its Series B funding round.

Paro receives $2.25m credit facility from Square 1 Bank

Paro, which connects finance professionals with companies looking to outsource or augment their accounting and finance teams, has received a $2.25m credit facility.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
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.

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