Accounting

Automated expenses platform Divvy collects $10.5m in funding

Automated expenses platform Divvy has collected $10.5m in its funding round led by Pelion Ventures.

Fenbeitong becomes China’s latest FinTech unicorn

Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.

Blockchain startup Libra hires former Siemens chief risk officer

Blockchain and smart contracts company Libra has hired Siemens former chief risk officer (CRO) Dr Gerard Brennan as its director of audit technology.

Paper.id said to close Series A to increase SME customer-base

Indonesian bills and invoice solution Paper.id has reportedly closed a Series A round to increase its reach to more small and medium sized businesses (SMEs).

ACL closes $50m strategic investment from Norwest

Audit management solution ACL has received a $50m strategic minority investment led by Norwest.

Connected accounting cloud platform Lockstep nets $10m in Series A funding

Connected accounting cloud platform Lockstep has scored $10m in its Series A round, which was led by Point72 Ventures.
fintech-news

Aspirion Health Resources nabs funding from Aquiline Capital

Aspirion Health Resources, a revenue cycle management company for hospitals, has nabbed an undisclosed investment from Aquiline Capital Partners.

Meet Payhawk, Bulgaria’s first unicorn

Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.

Finance management platform Wave picks up $24m

Canada-based financial management software platform Wave Accounting has raised $24m in its latest funding round.

LeaseQuery receives $40m in Series A from Goldman Sachs

LeaseQuery, a lease accounting software solution, has received $40m in a Series A round from Goldman Sachs’ Merchant Banking Division.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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