Infrastructure & Enterprise Software

Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.

Osome, a leading finance admin platform for founders and small and medium businesses (SMBs), has announced the completion of its Series B funding round, raising $17m. The funding, a mix of equity and debt, comes from both new and existing investors.

Abacum, a financial planning and analysis platform aimed at tech finance teams, has collected $25m in its Series A funding round.

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.

Shyft, a FinTech-powered marketplace aiming to reinvent the global moving industry, has raised $16m in Series B funding.

Cashflow optimisation platform Fluidly has closed a £2m seed investment led by Octopus Ventures.

Research by Yolt has found that the adoption of open banking could save SME online retailers over £19,000 a month in transaction fees alone.

A survey by Merchant Advice Service has found over £1bn is lost every year by online retailers due to a lack of available payment methods.

Invoice2go, a mobile invoicing app, has collected $10m in its funding round led by OCV Partners.

Managed checkout and buy now, pay later (BNPL) provider Vartana has launched following a $57m seed funding round.