Cocoon launches its leave compliance tool alongside Series A close
Cocoon has launched the first full-suite software solution that removes complex leave processes, alongside the close of its Series A funding round.
Ramp climbs to over $8bn valuation with fresh funds
Ramp, a finance automation platform and corporate card designed to help businesses spend less, has raised $750m in financing, bringing its valuation to $8.1bn.
Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
Check out the 29 FinTech companies to raise rounds last week
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.
U.S. Bank acquires software startup talech
American U.S. Bank is expanding its digital expertise and offerings by buying talech for an undisclosed amount.
Mastercard and SAP Concur partner to revolutionise expense management for businesses
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.
Cwallet said to raise $220,000 in pre-seed funding
Qatar-based FinTech company Cwallet has reportedly collected $220,000 in pre-seed capital to support product innovation.
Payroll API for neobanks Pinwheel picks up Coatue-led $20m round
Payroll connectivity platform Pinwheel secured $20m in a Series A funding round led by Coatue.
HR platform Workstream extends Series B with additional $60m
Workstream, a mobile-first hiring and onboarding platform for the deskless workforce, has extended its Series B round with an additional close of $60m, bring the total raised in the round to $108m.
Thera secures $4m seed funding to enhance payroll and payments platform
Thera, a notable player in the payroll and payments sector, has successfully closed a $4m seed funding round.