HR/Payroll

Salary Finance acquires Neyber to establish UK’s largest employee financial wellbeing platform

Global workplace finance platform Salary Finance has acquired Neyber, the FinTech aimed at improving employees financial wellbeing.

On-demand wage app DailyPay picks up $300m credit facility

DailyPay, an on-demand pay platform that helps employees get real-time access to wages, has received $300m in a revolving credit facility from Barclays.

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.

Payroll solution Ascender said to raise capital ahead of IPO

Australia-based payroll solution Ascender has reportedly closed a $76.6m funding round from HarbourVest Partners.

Humi pulls in C$31m for Canadian businesses

Canadian human resources startup Humi has raised C$31m in a Series B funding round led by Kensington Capital Partners.
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Gusto to push up payroll service prices from October

Online payroll and health benefits platform Gusto has announced a price increase amid a recent revamp of its product.

Payroll software company Paycor bags $270m in funding

SaaS payroll and human capital management software developer Paycor has collected $270m in a new round to seek new opportunities.

Elavon acquires Sage Pay in £232m deal

Elavon, the global merchant acquirer and subsidiary of U.S. Bancorp, has agreed to acquire Sage Pay for £232m.

Hastee launches earnings on demand card

Earnings on demand company Hastee has announced the launch of a new contactless debit card, powered by Visa that will enable users to access and spend their accrued earnings in real-time.

Forma lands $40m Series B

Life benefits platform Forma has raised $40m in Series B funding in a mission to transform employee benefits for the modern workforce.

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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