Collective raises $50m to deliver “financial peace of mind” for freelancers
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
Citi Commercial Bank (CCB) says the new platform has been created “in close collaboration” with its clients.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Cohere.io’s entire team, including CEO Yunyu Lin, will join Ramp as part of the deal.
The funding follows its $10 million Series A held in June 2021, and brings its total capital raised to $42 million.
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
Blackbird.AI helps organisations detect and respond to threats that can cause reputational and financial harm.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
With the latest funding, Paro has raised $67 million to date.
It will use the funding to accelerate growth, expand into the US market, and to expand its team.
Our weekly round-up for you to get the latest fintech funding news, this time from across Europe.
The round was led by OMERS Ventures with participation from Founders Fund and General Catalyst.
Shape Technologies offers Payments-Platform-as-a-Service (PPaaS) to PSPs worldwide.
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
The new platform, called Moment, will offer an expanded payment infrastructure for African businesses.
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
The funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.
Aviva will migrate its entire portfolio of 300,000 accounts, equating to £13bn of assets, onto Phoebus’ system.
Paydock claims its platform “substantially” reduces costs, risks and efforts in a merchant’s payment experience.
The round takes the Restaurant365 valuation to over $1 billion.
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
In its trial phase, the platform cut down the time taken to resolve scam cases by more than half.
Founded in 2020, Zip helps companies streamline B2B purchasing and manage business spend.
The new solution is built on the vendor’s Objectway Platform offering, hosted on the cloud.
8fig will use the latest funding to continue investing in small and medium-sized e-commerce businesses.
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
With the funding, Inbox Health plans on accelerating its growth by reaching out to more patients.
Slash claims over 20,000 entrepreneurs have signed up to its platform.
North American businesses will be able to accept real-time card payments directly on the Teams platform.
The new solution will allow Shopify merchants to pay and manage their bills without leaving the platform.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
Owens, who led the firm for 11 years, has been replaced by COO Jimmy Fitzgerald.
The Digital Sandbox provides a “safe and secure” environment for companies to build and test their products.
The round was led by Left Lane Capital, with participation from other investors.
The bank has deployed E6’s products to bring card issuing and processing to its customers.
The FCA ordered WealthTek to cease all operations last week, citing “serious regulatory and operational issues”.