HR/Payroll

Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.

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

Sparrow, a provider of tech solutions for employee management, has closed a $20m Series A round.

Payroll and administration platform HR Knowledge has been acquired by The Hibb Group.

Global payroll software provider Payslip has collected a €1m investment led by Frontline Ventures and AIB. Other participants to the round include Tribal, Bloom Equity...

Mastercard, a global leader in digital payment solutions, and SAP Concur, the forefront provider of integrated travel, expense, and invoice management services, have initiated a groundbreaking partnership aimed at streamlining the expense reporting process for businesses and their employees.

Atomic, provider of payroll connectivity solutions, has raised $40m in Series B funding.

Hireology, a CRM solution provider, has secured $27m in its Series B which was led by Blue Cloud Ventures.

Irish corporate payroll firm Immedis is acquiring US international payroll firm Expaticore for $10m. The deal comes after two years of discussion between the firms.

Tipalti, a payables automation platform, has scored $76m in its Series D round which will support the launch of new offices in North America and Europe.