Infrastructure & Enterprise Software

Argyle, an employment data platform that provides companies access to employment records, has raised $55m in Series B funding.

Branch, a workforce payments platform, has closed a Series C funding round totalling $75m, led by Addition.

Life benefits platform Forma has raised $40m in Series B funding in a mission to transform employee benefits for the modern workforce.

Hopscotch, a community-oriented B2B payments platform that facilitates instant, fee-free payments for small businesses and startups, has launched its private beta alongside a $6.1m seed extension.

Parafin, a FinTech infrastructure platform, has collected $60m in its Series B funding round, which was led by GIC.

London-based Kolleno has closed its seed funding round on $5.4m (£4m), with Eurazeo and Stride.VC leading the round.

CredAvenue, which helps businesses and entrepreneurs secure debt from lenders, has secured $137m in Series B funding, making it the fastest Indian FinTech startup to join the unicorn club.

Allianz X has led a funding round of London-based B2B FinTech OpenGamma with a total of $21m.

Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.

Atomic, provider of payroll connectivity solutions, has raised $40m in Series B funding.