Accounting

Elavon acquires Sage Pay in £232m deal

Elavon, the global merchant acquirer and subsidiary of U.S. Bancorp, has agreed to acquire Sage Pay for £232m.

Acumatica nets $25m in Series C led by Accel-KKR

Business management software developer Acumatica has netted $25m in its Series C funding round led by Accel-KKR.

Blockchain startup Libra hires former Siemens chief risk officer

Blockchain and smart contracts company Libra has hired Siemens former chief risk officer (CRO) Dr Gerard Brennan as its director of audit technology.

Pluto closes seed on mission to be the Ramp of MENA

Corporate spend management solution Pluto has reportedly raised $6m for its seed round, as it continues its goal of becoming the market leader in the Middle East.

Procurify grabs hold of $7m

Procurify has raised $7m in a Series A round of funding to grow its procurement platform. The investment was led by Runa Capital.

ParketGale Capital makes majority investment into Rippe & Kingston

Financial and practice management software developer Rippe & Kingston has received a majority investment from ParkerGale Capital.

Neo.Tax collects $10m in Series A funding

Tax automation platform Neo.Tax has scored $10m for its Series A funding round, which was led by Infinity Ventures.

Bookkeeping platform CollBox collects seed funding

CollBox, a bookkeeping platform aiding businesses collecting past due invoices, has scored $1m in seed funding.

Mediware Information System acquires revenue management company MEDTranDirect

Healthcare revenue management company MEDTranDirect has been acquired by Mediware Information Systems.

Over 54% of accountants believe cashflow is the number one priority following the coronavirus

More than half (54%) of accountants have said cashflow forecasting has become the number one priority for SME clients following the impact of the coronavirus.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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