Accounting

US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.

Stripe launched a new tax compliance tool called Stripe Tax to help businesses automate the calculation and collection of sales tax, value-added tax (VAT), and goods and services tax (GST).

London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.

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

Assure Hedge, which helps to automate currency hedging, has reportedly collected €5m in fresh funding round.

Capchase, which is designed for recurring revenue companies, has closed its Series A on a colossal $125m, as it looks to expand operations in the UK and Spain.

Bookkeeping platform for small businesses Bench has closed its Series C funding round on $60m to support its product relaunch.

Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.

Rural FinTech startup which provides digital financial services for online and offline, income-generating, rural commerce transactions Jai Kisan has raised $30m in a combination of equity and debt in funding led by Mirae Asset.

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.