Infrastructure & Enterprise Software

Sparrow, a provider of tech solutions for employee management, has closed a $20m Series A round.

PayRetailers, a Latin American FinTech payment specialist, has acquired two online payment platforms, Chile’s Paygol and Colombia’s Pago Digital.

London-based revenue management Fintech MONET, has launched in beta its revenue-based lending platform for creators, powered by embedded finance specialist Weavr.

Backbase, which created an engagement banking platform, has raised €120m in growth equity funding from Motive Partners.

Mahalo Banking, which provides online and mobile banking solutions for credit unions, has raised $20m in funding.

Cledara, which claims to be the first software management platform aimed at growing companies, has completed a $20m Series A.

Northstar, a financial wellness benefit platform, has secured $24.4m in a funding round led by GGV Capital.

Cacheflow, a no-code SaaS sales platform, has netted $10m in a fresh funding round, as it looks to bolster sales and marketing initiatives.

Rain, an employee financial wellness start-up, has raised $115m in funding, encompassing $66m in equity and $50m in debt.

Sunrate, described as an intelligent global payment and treasury management platform, has proudly announced securing a significant investment from Prosperity7 Ventures. The growth fund, operating under Aramco Ventures, took the lead in Sunrate's latest D-1 funding round.