OnPay closes first external capital investment
Payroll startup OnPay has bagged $6m in its Series A round, which marks its first batch of external financing.
Bennie raises $33m for HR management
New York-based employee benefits platform Bennie has raised $33m in a seed funding round in a mission to help companies and their employees get access to better benefits.
Accrualify scores $600,000 in debut funding round
B2B payments management startup Accrualify has picked up $600,000 in its debut funding round.
Mediware Information System acquires revenue management company MEDTranDirect
Healthcare revenue management company MEDTranDirect has been acquired by Mediware Information Systems.
Accounting software CANDIS collects €12m in its latest funding round
Automated accounting and payment processing platform CANDIS has collected €12m in a funding round, which will help it expand across Europe.
WaveBL fuels global digital trade expansion with $26m
Israel-based WaveBL, a pre-eminent provider of electronic Bills, has successfully clinched $26m in a recent funding round, cementing its standing as a global frontrunner in the digital trade document industry.
Serent Capital makes minority investment in to BirchStreet Systems
Procure-to-pay automation company BirchStreet Systems has received a minority investment from San Francisco-based Serent Capital.
Mastercard launches virtual card for B2B payments
Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.
T-REX snaps up $10m for financial services technology
Financial services software company T-REX has raised $10m in its Series B round led by Safeguard Scientifics. Investment also came from Ecosystem Integrity Fund.
Q2 Holdings forms a partnership with Acorns
Digital banking solution developer Q2 Holdings has formed a partnership with Acorns, a micro-investing platform.