Fenbeitong becomes China’s latest FinTech unicorn
Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.
Lightico snares $15m in Capital One-backed Series B
US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.
Connected accounting cloud platform Lockstep nets $10m in Series A funding
Connected accounting cloud platform Lockstep has scored $10m in its Series A round, which was led by Point72 Ventures.
Singapore’s Incomlend bags $20m Series A round to democratise trade finance
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.
Neocova bags $9.5m in Series A to support digitalization of community banks
Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.
SIX increases stake in Swiss Euro Clearing Bank to 100%
Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).
MetaSource completes debt refinancing by LaSalle
Business process management and automation software developer MetaSource has completed a debt refinancing and dividend recapitalisation by LaSalle.
The Riverside Company-backed Brookson acquires InTouch Accounting
Global private equity firm The Riverside Company has acquired UK-based InTouch Accounting, to add it to its Brookson platform.
Marlin Equity acquires Medius from Novax, InnovationsKapital
Sweden-headquartered Medius has agreed to be acquired by private equity firm Marlin Equity Partners from Novax, InnovationsKapital and minority shareholders.
CloudPay partners with Ramco for multinational payrolls
CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.
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