Ola to acquire neobank Avail Finance
ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.
Spend management app Yokoy scores Series B ahead of Europe growth
Spend management platform Yokoy has closed its Series B on $80m, with Sequoia Capital serving as the lead backer.
Papaya to acquire Azimo to boost its payroll capabilities
Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.
Alkami in Segment take-over to deepen customer relationships
Alkami Technology, a cloud-based digital banking solutions provider for US financial institutions, is to acquire data analytics company Segmint.
Financially vulnerable more likely to use BNPL, research reveals
According to research from the Financial Health Network, one in four users of Buy Now, Pay Later (BNPL) services is financially vulnerable, and struggle to make payments.
Digits hits $565m valuation ahead of first major product launch
Real-time finance and accounting platform Digits has closed its Series C round on $65m, which brings its valuation to $565m.
WealthTech unicorn Jeeves quadruples valuation in six months
Jeeves, an all-in-one corporate card and expense management platform, has reached a $2.1bn valuation after the close of its Series C on $180m.
Ramp climbs to over $8bn valuation with fresh funds
Ramp, a finance automation platform and corporate card designed to help businesses spend less, has raised $750m in financing, bringing its valuation to $8.1bn.
UK-based ClearBank nabs ?175m investment
ClearBank, a next-generation clearing and embedded banking platform in the UK, has secured a ?175m equity investment.
Onuu raises $6m for financial security mission
Onuu, an Austin-based provider of banking and insurance solutions, has raised $6m in Seed A funding led by Latinx-led VC Leap Global Partners.
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