Intesa Sanpaolo invests digital banking dev Thought Machine
Italian bank Intesa Sanpaolo has invested ?40m into UK-headquartered Thought Machine, a developer of cloud-native core banking infrastructure.
Arex secures €8.8m Series A to speed up UK, Spain rollout
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.
Melio reaches unicorn status after the close of $110m round
Melio, which helps small businesses digitally manage their supplier payments, has collected $110m in funding, shooting its valuation to $1.3bn.
Tax app Coconut bags ?2.4m in a crowdfunding platform
Invoicing and tax app Coconut has bagged ?2.4m in its crowdfunding campaign, after achieving three-times growth over the past 12 months.
Thailand-based Lightnet closes Series A round on $31.2m
Lightnet, a financial network supporting payments and remittances, has closed its Series A round on $31.2m.
Japan-based freee collects $60m in Series E round
Japanese FinTech startup freee has collected $60m in its Series E round of funding to accelerate the development of its small business platform.
Mighty closes $114m in latest funding
Mighty, a B2B software platform to support the legal and medical funding process, has reportedly secured $114m in funding.
Expenses and invoicing solution Chrome River said to bag $35m round
Expense reporting and invoice management solution Chrome River Technologies has reportedly received $35m in a new funding round.
LMRKTS receives funding round from IFC and Motive Partners
LMRKTS has received an investment from World Bank Group member International Finance Corporation.
Brightside nets $33m to boost employee financial care
Brightside, a financial care platform for employers, has closed its Series B funding round on $33m, as it looks to enhance its AI-powered solution.