Infrastructure & Enterprise Software

Vitesse PSP, a global payment and treasury management platform, has scored $26m in its Series B funding round.

Relativity6, an AI platform for industry classification, has raised $5.25m in a seed funding round led by Fin Capital.

Pyramid Analytics, a decision intelligence platform provider, has closed a Series E funding round of $120m, exceeding the target by $20m.

Middesk, a software company dedicated to automated business verification and underwriting decisions, has raised $57m in Series B funding.

Automated machine identity management platform AppViewX has secured $20m in its Series B round.

The Metaverse has captured the attention of many. Mark Zuckerberg envisions a world where people “jump into” the virtual world to “do almost anything”.  But doing things comes with risk, and risk needs to be priced. So where does insurance come into these big plans?

FlapKap, a tech-enabled revenue-based financing platform aiming to revolutionise ecommerce growth, has bagged $3.6m in a seed round.

Temenos has expanded its existing relationship with Mbanq, a US-based banking-as-a-service (BaaS) provider, to accelerate the adoption of BaaS in the US.

Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”

Zazu is looking to raise ?150,000 through an equity crowdfunding campaign on Seedrs, as it prepares to launch its new digital-only bank in Africa.