HR/Payroll

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

Guideline, a 401(k) solution for small businesses, has bagged $80m in a new funding round, which was co-led by Generation Investment Management and Greyhound Capital.

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

Toronto-based FinTech business Wave Financial has been bought by H&R Block in a $405m deal.

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.

Check, a payroll infrastructure company that lets platforms embed payroll into their products, has raised a $75m in a Series C round led by Stripe.

European private equity player Oakley Capital is set for its first Spanish investment by agreeing to pick up Ekon, a Spanish provider of business software, as a carve-out from the Iberian operations of current owner Unit4.

Corporate insurance and benefits platform CXA has raised $25m in its Series B round. B Capital Group and EDBI co-led the investment.

Voya Financial, a health, wealth and investment company, is to acquire Benefitfocus, a cloud-based benefits administration technology company that serves employers, health plans and brokers.

Syndio, which aims to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity, has collected $17.1m in its Series B.