Debt management platform Spinwheel hauls in $11m in fresh capital
Student Debt Solutions provider Spinwheel secured $11m in its first round of financing led by QED Investors with the aim to help Americans get out of debt sooner.
EBA launches consultation on money laundering, terrorism financing in the EU
The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
Bill.com acquires spend management company Divvy in $2.5bn deal
Cloud-based financial operations management platform Bill.com has acquired spend management unicorn Divvy in a $2.5bn deal.
InvestCloud acquires Advicent to help bridge the advisor-client communication gap
Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.
Reddit and AngelList execs join $7.5m seed round in employee compensation firm Figure
FinTech firm aimed to help companies structure their compensation plans and transparently communicate them to their workers Figure raised $7.5m in seed funding led by CRV.
AI chatbot developer Ada joins the unicorn club after Series C close
Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.
Railz reels in $12m to help FinTechs access financial data
Canada-based API developer that enables financial institutions and FinTechs to get real-time access to their customers’ accounting data Railz raked in $12m in Series A funding.
Visa-backed Railsbank teams up with Plaid for embedded finance
Banking-as-a-Service platform Railsbank and Plaid have joined forces enabling companies in the UK to instantly accept bank payments within their app or website.
Canopy secures $11m in fresh funding
Canopy, a cloud-based practice management platform for accountants, has scored $11m in fresh funding.
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