Infrastructure & Enterprise Software

Embedded financial services are increasingly becoming the preferred choice for European consumers. The prime reason for this preference is the easier access to these services when compared to traditional banking institutions.

Of the 41 FinTech investment deals last week, companies in three sectors, in particular, proved to be exceptionally successful as the list of FinTech unicorns continues to grow.

Having joined the unicorn club earlier this year, cybersecurity venture Snyk has added another $200m to its coffers in a new funding round.

Almost nine out of ten IT professionals say their main priority now is to boost their digital defences, according to new research from Hitachi ID.

Tipalti, a payables automation platform, has scored $76m in its Series D round which will support the launch of new offices in North America and Europe.

NovoPayment, a Latino-founded banking-as-a-service provider, has raised $19m in Series A funding.

OnPay, a payroll services provider for SMEs, will supply customers of accounting software company Xero with improved back-office tools, through a new strategic partnership.

A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.

Gridwise, an app that helps drivers and couriers manage their earnings, has raised $12.7m in a funding round.

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.