HR/Payroll

Cocoon has launched the first full-suite software solution that removes complex leave processes, alongside the close of its Series A funding round.

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.

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.

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.

American U.S. Bank is expanding its digital expertise and offerings by buying talech for an undisclosed amount.

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.

Qatar-based FinTech company Cwallet has reportedly collected $220,000 in pre-seed capital to support product innovation.

Payroll connectivity platform Pinwheel secured $20m in a Series A funding round led by Coatue.

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, a notable player in the payroll and payments sector, has successfully closed a $4m seed funding round.