Infrastructure & Enterprise Software

 One in five FinTechs are losing $11m each year in product delays due to banking-as-a-service (BaaS) providers, a report from ClearBank claims.

Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.

Korea Credit Data (KCD), which provides business management services to self-employed and small business owners nationwide, has raised $24.7m in an extension of its Series D round.

DBT, a Stockholm-based leading European SME lender, has closed a SEK 3.1bn debt facility to accelerate its lending to Swedish SMEs from NatWest and Värde Partners.

Mashgin, a touchless self-checkout system powered by AI and computer vision, has raised $62.5m in Series B funding at a $1.5bn valuation.

METAV.RS, a white label solution that facilitates the creation of NFTs and their sale via dedicated websites, e-shops or marketplaces, has raised €3m in seed funding.

India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.

Tally, a financial automation company, has raised $80m in Series D funding led by Sway Ventures.

Thriday, a financial management platform for small businesses, has raised $65m in a pre-Series A funding round.

Workstream, a mobile-first hiring and onboarding platform for the deskless workforce, has extended its Series B round with an additional close of $60m, bring the total raised in the round to $108m.