Meet Payhawk, Bulgaria’s first unicorn
Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.
CXA lands $25m for employee benefits and insurance platform
Corporate insurance and benefits platform CXA has raised $25m in its Series B round. B Capital Group and EDBI co-led the investment.
Fenbeitong raises $36m in new Series B round
Expense management startup Fenbeitong has raised $36m in a new Series B round backed by CreditEase Fintech Investment Fund (CEFIF), Eight Roads, Glade Brook Capital, Ribbit Capital, IDG Capital and China Growth Capital.
Papaya to acquire Azimo to boost its payroll capabilities
Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.
HR and benefits platform Hibob scores $17.5m
UK HR management and employee benefits platform Hibob has raised $17.5m in its Series A funding round.
Sweep said to raise ?456,000 via a new grant
Sweep, an expenses and travel management app for businesses, has reportedly received a ?456,000 grant to support its growth and innovation.
Social impact FinTech Wagestream lands $175m
Wagestream, a flexible pay and financial well-being app founded by charities and designed for frontline workers, has closed a $175m Series C round.
BenefitMall names Scott Kirksey as new CEO
Employee benefits and payroll services provider BenefitMall has named its former president Scott Kirksey as the new CEO.
Navisteps bags $1m in its pre-seed funding round
Navisteps, an expense and travel management platform, has bagged $1m in its pre-seed funding round to support growth into new markets in Asia.
Swedish expenses tool Findity scores $4.9m
Swedish expense management company Findity has raised SEK 50m ($4.9m) as it bolsters its international expansion efforts.