HR/Payroll

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.

Hyer teams up with Catch for new era of work

Hyer, a leading on-demand labour app connecting businesses to independent workers in the gig economy, has partnered with payroll and financial services provider Catch to extend modern benefits to independent contractors.

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.

Paris-based Spendesk bags €100m to help finance firms in Europe with spend management

Spend management platform for finance teams Spendesk raised €100m in Series C funding, bringing its total funds raised to €160m.

Payroll technology developer CloudPay collects $25m in funding

CloudPay, a global payroll technology developer, has collected $25m in funding from Rho Ventures, Pinnacle Investment Partners, and Hercules Capital.

Nava Benefits secures $40m for access to affordable healthcare

Nava Benefits, a modern benefits brokerage on a mission to bring affordable healthcare and insurance to all Americans, has raised $40m in Series B funding.
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.

Singapore-based Multiplier secures funding round

Multiplier, a Singapore-based HR and payroll platform, has reportedly collected $13.2m in fresh funding that will enable its expansion efforts.
Payroll-for-flexible-workers-Wingspan-nabs-$15m

Payroll for flexible workers Wingspan nabs $15m

Wingspan, which claims to be the first payroll system purpose-built for flexible workers, has secured $14m in its Series A round.
Mexican-FinTech-Minu-raises-$30m-for-employee-wellness-service

Mexican FinTech Minu raises $30m for employee wellness service

Mexican FinTech startup Minu, which offers an employee wellness service, has raised $30m in funding to support the development of gamified features.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week