HR/Payroll

Divvy secures $1.6bn valuation on the back of $165m Series D

Expense management platform Divvy has closed a $165m Series D round at a valuation of $1.6bn.
Latin-America-startup-funding-corporate-expense-management

Goldman Sachs backs LatinAm startup Clara

Latin American technology startup Clara, which offerings corporate expense management solutions, has secured up to $150m from Goldman Sachs.

401(k) platform Guideline bags $80m in its new funding round

Guideline, a 401(k) solution for small businesses, has bagged $80m in a new funding round, which was co-led by Generation Investment Management and Greyhound Capital.

Bench closes Series C to support relaunch

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

Papaya Global snares $250m in Insight Partners-led Series D

Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.

Khazna closes seed funding round led by Algebra Ventures

Egyptian FinTech Khazna has announced that it has raised seed money in a new round led by venture capital firm Algebra Ventures.

PTO Exchange collects $3m in seed round led by WestRiver

Flexible benefits platform PTO Exchange has raised $3m in a seed funding round led by WestRiver Group.

Business automation software CogniCor picks up fresh funding

CogniCor, which develops AI-powered business automation and learning platforms, has received fresh investment.

Payroll company Papaya Global nets $45m in funding

Papaya Global, a global payroll and payment management platform, has netted $45m in a funding round led by Insight Partners.
Cobee-rasies-€40m-to-develop-staff-wellbeing-platform

Cobee bags €40m for its staff wellbeing platform

Cobee, a Madrid-based employee benefits platform, has raised €40m in capital to develop its staff wellbeing platform.

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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