Infrastructure & Enterprise Software

WealthTech Envestnet offers $500m in convertible notes

WealthTech Envestnet offers $500m in convertible notes

Envestnet, a developer of technology and systems for wealth management and financial wellness, has priced an offering of $500m in convertible notes.

Remote earns the unicorn horn after netting $150m to help companies manage payroll for...

NYC-based remote working services company which provides tools to manage onboarding, payroll, benefits and other services for workers located in remote countries Remote raised $150m in Series B funding.

Thought Machine ups its Series B round to reach a sizeable $125m

Cloud native core banking technology firm Thought Machine has secured an additional $42m to its Series B, bringing the round’s total value to a hefty $125m.
Tally-financial-automation-raises-$80m-Series-D-Funding-help-customers-pay-debt

Tally bags $80m to free customers from the “cycle of debt”

Tally, a financial automation company, has raised $80m in Series D funding led by Sway Ventures.

Check out the 29 FinTech companies to raise rounds last week

Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.
fintech-news

The Riverside Company-backed Brookson acquires InTouch Accounting

Global private equity firm The Riverside Company has acquired UK-based InTouch Accounting, to add it to its Brookson platform.

Moneyhub calls for OpenData revolution

Moneyhub, the market leading Open Data and Payments platform, has called for greater data-sharing among financial firms as part of its response to the FCA’s Consumer Duty Proposals.

Conga closes $47m funding led by Insight, Salesforce

Conga, a document automation developer, has secured $47m in its new round of funding led by Insight Venture Partners and Salesforce Ventures.

B2B billing solution HoneyBook hits unicorn status after latest $155m Series D

CA-based financial management platform for independent service-based businesses Honeybook raised $155m in Series D equity funding at a $1bn valuation.

Konsentus completed “multi-million” pre-Series A round

RegTech Konsentus has completed what the investor Conviction Investment Partners refers to as a "multi-million pound" pre-Series A round.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

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