HR/Payroll

Wrapbook secures $27m in its Series A round

Wrapbook, a financial dashboard for businesses, has secured $27m in its Series A round.

Payroll platform Deel reaches decacorn status just a year after hitting $1bn valuation

Global payroll solution Deel has reportedly raised $50m, which brings its valuation to $12bn.

ADP acquires workforce management company WorkMarket

Workforce management company WorkMarket has been acquired by ADP, for an undisclosed amount.

Trace scores $8.3m in its latest funding round

Trace, which claims to be the first service desk for finance, has closed a funding round on $8.3m from Greylock and Uncork Capital.
fintech-news

CloudPay partners with Ramco for multinational payrolls

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

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.

Qandle said to close $1.2m pre-Series A round

HR management company Qandle has reportedly closed a $1.2m pre-Series A funding round led by Redwood Internet Ventures.

Expend storms past the target on its Seedrs crowdfunding campaign

Expend, an Ai-powered FinTech helping companies to better manage expenses, has exceeded the target on its crowdfunding campaign.

HeavenHR swipes $6.7m to continue European expansion

HR, payroll and employee benefits platform HeavanHR has raised ?6m ($6.7m) in a Series A round of funding.
Hibob-tech-platform-SeriesD-funding-HR-management

HR tech platform Hibob scores $150m

Hibob, a tech-enabled HR platform, has raised an additional $150m in Series D funding, bringing its total funding to $424m.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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