Infrastructure & Enterprise Software

This week saw a strong 37 deals take place, which showcased the continued attraction of the InsurTech industry, with growing attention being paid to pet insurance, as well as continued investment in Blockchain & Crypto, despite predictions this could be about to burst.

Alviere, which offers embedded finance software, has received financing from Silicon Valley Bank to support its growth in Europe and Latin America.

Personio, a European HR software company for small and medium-sized businesses, has raised an additional $200m in its Series E round.

WealthTech company Tietoevry has bolstered its long-time strategic partnership with Lassila & Tikanoja, a company putting the circular economy into practice.

Payment and accounting platform Autobooks has collected $50m in its Series C funding round.

Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.

WealthTech company Tietoevry has formed a partnership with Quadient to deliver customer communication management solutions.

NovoPayment, a Latina-founded banking-as-a-service provider, has scored $19m in its Series A funding round.

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

PayCargo, a logistics payments and data infrastructure platform, has collected $130m in a funding round from funds managed by Blackstone Growth.