HR and payroll platform Namely adds $50m to Series D round
SaaS HR firm Namely is adding another $50m to its Series D bringing the round’s total to $80m. The investment was led by Altimeter Capital and Scale Venture Partners.
Cardlay snags $4m to help banks serve corporate clients
Danish card and expenses management platform Cardlay has picked up $4m from undisclosed private investors.
Virteo bags €2.2m to chase invoices
Invoice payments platform Virteo has grabbed €2.2m in a new round of financing. The capital for the Belgium-based startup was led by local investor PMV.
Symend picks up $1m for debt collection software
Debt collection software-maker Symend has raised $1m from angel investors in a seed funding round. The names of the participating angel backers remain undisclosed.
Five Degrees rakes in €10m for core digital banking tech
Digital banking technology provider Five Degree has raised €10m in a new round of funding led by Karmijn Kapitaal. 5Square and Velocity Capital also participated.
AvidXchange nabs $18m for invoice management service
Accounts payable and invoice management service AvidXchange has raised $18m in a new round of funding. The strategic investment was led by Fifth Third Capital.
Paraşüt grabs $2m for SME bookkeeping
Turkish bookkeeping software firm Paraşüt has picked up $2m in a Series B round of funding. Istanbul-based VC fund manager Diffusion Capital Partners led the round.
FinTech services startup figo takes €6.8m
German fintech services company figo has raised €6.8m in a Series B round of funding. Investment for the Hamburg-based startup comes from DB1 Ventures.
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.
Procurify grabs hold of $7m
Procurify has raised $7m in a Series A round of funding to grow its procurement platform. The investment was led by Runa Capital.
