HR/Payroll

fintech-news

Payroll company Gusto bags $140m for its Series C round

Gusto, an online payroll, benefits and HR technology platform, has picked up $140m in its Series C funding.

Payroll unicorn Deel more than quadruples valuation in six months

Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.

Jojonomic pulls in $1.5m to take the misery out of expenses

Expenses management app Jojonomics has raised $1.5m in a round led by Maloekoe Ventures.
Brightside nets $33m to boost employee financial care

Brightside nets $33m to boost employee financial care

Brightside, a financial care platform for employers, has closed its Series B funding round on $33m, as it looks to enhance its AI-powered solution.

Japan-based freee collects $60m in Series E round

Japanese FinTech startup freee has collected $60m in its Series E round of funding to accelerate the development of its small business platform.

Pento scores Series B for payroll software enhancements

Pento, a cloud-based payroll software solution, has scored $35m in its Series B funding round to support its product development.

TravelBanks files $10m for employee expenses app

Employee travel expenses app TravelBank has raised $10m in its Series A round led by NEA. Accel Partners also invested in the San Francisco-based startup.
Indonesia-based Paper.id scores $12m

Indonesia-based Paper.id scores $12m

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.

CoAdvantage acquires fellow payroll company Remedy

CoAdvantage Corporation has acquired fellow HR and payroll company Remedy Employer Services.

Bennie raises $33m for HR management

New York-based employee benefits platform Bennie has raised $33m in a seed funding round in a mission to help companies and their employees get access to better benefits.

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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