Sweep said to raise ?456,000 via a new grant
Sweep, an expenses and travel management app for businesses, has reportedly received a ?456,000 grant to support its growth and innovation.
Coverflex said to raise €5m in its pre-seed round
Coverflex, which helps companies offer compensation to employees, has reportedly collected €5m in its pre-seed funding round.
Berlin’s spend management app Moss hits $573m valuation
Moss, a Berlin-based spend management platform, has reached a €500m ($573m) valuation after the close of its Series B round on €75m.
Worker’s comp startup Hourly.io nets Series A
Workers’ comp and payroll solution Hourly.io has closed its Series A on $27m, which will help it expand outside of California.
On-demand payment service DailyPay scores $260m
DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.
CoAdvantage acquires PEMCO in undisclosed deal
Payroll support solution CoAdvantage Corporation has acquired Progressive Employer Management Company, in an undisclosed deal.
This merger will allow CoAdvantage to expand its presence, accelerate...
NCR acquires payment processor JetPay in $184m deal
NCR Corporation has agreed to acquire end-to-end payment processing and human capital management company JetPay.
PayFit launches new tools to enable businesses to calculate furlough and sick pay amidst...
HR and payroll management startup PayFit has updated software to accommodate initiatives introduced as part of the UK government’s Coronavirus Job Retention Scheme.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Payroll API for neobanks Pinwheel picks up Coatue-led $20m round
Payroll connectivity platform Pinwheel secured $20m in a Series A funding round led by Coatue.
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