Invoicing

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.

Paris-based startup that helps B2B companies get paid Upflow raised $15m in a Series A funding round to help businesses avoid late payments and improve cash flow.

US spend software startup Airbase has secured $60m from a Series B funding round led by Menlo Ventures.

Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.

Enterprise sales enablement platform Gong raised $250m in a Series E funding round valuing the company at $7.25bn, more than triple its previous valuation of $2.2bn.

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

Ireland-based provider of e-commerce growth platform Wayflyer scored $76m in Series A funding.

All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.

Revolut Business has launched an invoice feature to help companies in the UK and the EU streamline their payments.