Accounting

Scaleup Finance, a Danish FinTech company offering financial management technology, has reportedly raised the biggest seed round in the country’s history.

Alaan, a spend management platform for MENA businesses, has reportedly collected $4.5m in its pre-Series A funding round.

FinTech unicorn Human Interest, which provides a full-service 401(k), has received a minority investment from investment major BlackRock.

Catax, an expert in specialist tax relief, has acquired Granted Consultancy, a grant funding and consultancy firm.

Vic.ai, an AI accounting firm, has landed $52m in a Series C investment round led by GGV Capital and ICONIQ Growth.

Osome, a Singapore-headquartered financial admin startup, has raised $25m in a Series B round.

AvidXchange, an accounts payable automation software and payment solution developer, has integrated an invoice-to-pay application programming interface with Intuit QuickBooks Online.

InterPrice Technologies, which aims to create a transparent financing tool, has closed its Series A funding round on $7.3m.

Banyan, which is democratising access to item-level receipt data, has raised $43m in its Series A funding round, which was led by Fin Capital and M13.

Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.