Accounting

Kayne Partners has exited finance software and services provider Consero Global following the $50m investment from BV Investments.

Payhawk, a rapidly expanding spend management platform, headquartered in London, is renowned for its ability to blend company cards, reimbursable expenses, and accounts payable into a seamless solution. Renowned investors such as Lightspeed Venture Partners, Greenoaks, QED Investors, Earlybird Digital East, and Eleven Ventures support Payhawk.

Tax support company TaxScouts has reportedly netted £5m in its Series A round, which was led by Octopus Ventures.

Private equity firm The Riverside Company has sold its stake in third-party administration (TPA) service provider BeneSys.

Mobile payments platform Alipay has partnered with Global Tax Free to launch the ‘world’s first’ paperless mobile tax refund solution.

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

Benefit Resource, a third-party administrator of pre-tax benefits and COBRA services, has received funding from private equity firm CIP Capital.

Stripe launched a new tax compliance tool called Stripe Tax to help businesses automate the calculation and collection of sales tax, value-added tax (VAT), and goods and services tax (GST).

Spend visibility and audit recovery company SpendMend has received an undisclosed investment from Sheridan Capital Partners.

FloQast, a leading Finance and Accounting Operations Platform known for its innovative approach, has entered into a strategic consulting partnership with PwC UK, a global powerhouse in assurance, advisory, and tax services.