Tag: Sonovate

Sonovate, a prominent figure in the provision of finance and payment solutions for the contingent workforce, recently disclosed a momentous escalation in its securitisation.

Sonovate, a financial technology service provider catering specifically to recruitment businesses, consultancies, and online freelancer platforms, has recently marked a significant milestone by securing a certification from Xero, a renowned player in the realm of cloud accounting software.

Freelancers wait three times longer to get paid than full time staff, as firms struggle with both cash flow and payroll issues, according to research from Sonovate.

Sonovate, a developer of embedded finance and payment solutions for the contingent workforce, has bagged £165m in a securitisation deal.

Orka Technology Group has topped up its coffers with a £29m funding round to fuel the growth of its earned wage access product Orka Pay.

Cardiff-based FinTech company Sonovate is on a mission to strengthen its customer onboarding processes. To succeed, it recently turned to TruNarrative, the RegTech company.

Sonovate, which provides invoice finance to the recruitment industry, has scored £110m in funding.

Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.

UK-based recruitment contract finance provider Sonovate has raised a total of £20m in debt and equity.