Infrastructure & Enterprise Software

Benefit card provider Benepass has closed a seed round backed by Y Combinator, Gradient Ventures and Elysium Venture Capital.

Yonder, a challenger credit card provider, has entered the travel insurance sector with a product that covers various travel disruptions including flight cancellations.

Token management platform Magna has closed its seed funding round on $15.2m.

Accounts Payable and payments automation software developer MineralTree has scored $50m for its Series D round.

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

Banking technology company nCino has finally gone public, with the price of its shares skyrocketing in its first day of trading.

BHI, a comprehensive commercial bank, recently bestowed a $20m credit facility upon Lendbuzz, an innovative AI-based FinTech firm based in Boston, Massachusetts.

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

Remofirst, a company which provides services to help companies build remote teams, has raised $14.1m in seed funding.

Volopa, known for its expertise in transactions, payments, and expense management, has entered into a strategic partnership with Yapily, a frontrunner in providing Open Banking API solutions. This collaboration is set to redefine the payment experience for finance teams.