Axle scores $10m Series A to support freight and logistics companies digitise financial operations
All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.
Payroll platform Pento said to close Series A on $15.6m
Cloud-based payroll platform Pento has reportedly secured $15.6m in its Series A funding round, which was led by General Catalyst.
Accounts automation firm Stampli lands $50m to ease business payments
Accounts payable (AP) automation company Stampli landed $50m in a Series C funding round led by Insight Partners, bringing its total funding to more than $87m.
Legion closes its Series C round on $55m
Workforce management company Legion has closed its Series C funding round on $55m, just nine months after it closed its Series B.
Bill.com acquires spend management company Divvy in $2.5bn deal
Cloud-based financial operations management platform Bill.com has acquired spend management unicorn Divvy in a $2.5bn deal.
Reddit and AngelList execs join $7.5m seed round in employee compensation firm Figure
FinTech firm aimed to help companies structure their compensation plans and transparently communicate them to their workers Figure raised $7.5m in seed funding led by CRV.
Expensya collects $20m in funding to support international growth
Automated spend management solution for businesses Expensya has collected $20m in funding to support its international expansion.
Payroll company Deel becomes the next FinTech unicorn
Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.
Level raises $27m from Khosla, Lightspeed to boost claims and insurance for employees
FinTech startup Level has hauled in $27m in a Series A funding round led by Khosla Ventures and Lightspeed Venture Partners.
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.
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