Infrastructure & Enterprise Software

Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.

Hyer, a leading on-demand labour app connecting businesses to independent workers in the gig economy, has partnered with payroll and financial services provider Catch to extend modern benefits to independent contractors.

FinTech start-up Rewire, which develops an online financial services platform for expatriate workers, has partnered with InsurTech Quover and insurer AIG to protect its customers.

France-based Pennylane, a full-stack financial management platform, has collected €50m in its Series B, as it looks to bolster its development efforts.

Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.

German corporate expense management platform Circula has raised ?12m from a Series A funding round as the expenses management market continues to heat up.

Hazel, the independent FinTech launched in partnership with Walmart and leading investment firm Ribbit Capital, has entered into an agreement to acquire FinTech platforms Even and ONE, as the company emerges from stealth.

A survey by Yobota has found 80% of UK banks see investing in new technology as a key priority for their businesses in 2022.

Interchecks, an instant payment infrastructure and service provider, has raised $16m from a Series B funding round.