Invoicing

Newly launched FinTech platform Stanhope Financial Group has bagged $3.5m in funding to support the release of its banking services for small and medium enterprises (SMEs).

Paid, a digital procurement platform, has reportedly secured £2.2m in its seed funding round, which was led by Crane Venture Partners.

Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.

Chargebee, a subscription billing and revenue solution, has scored $55m in its Series F round.

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.

Invoice factoring solution Factris has closed its Series A round on €5m to help it onboard other factoring companies.

Digital instant invoice payment company Previse has received a £2.5m grant from Banking Competition Remedies' (BCR) Capability and Innovation Fund.

Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.

Deutsche Bank AG has made an investment into German FinTech startup Traxpay, in the hopes of improving its own supply chain finance offering.

The health of the economy is not looking great if you ask financial leaders around the planet and the majority of European ones think this should be cause to delay the UK's divorce from the EU.