Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
Coinbase responds to racism and discrimination allegations
Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.
VC-backed Wave Financial sold for $405m
Venture Capital-backed FinTech Wave Financial is set to be sold to consumer tax services provider H&R Block for $405m in cash.
HR and benefits platform Hibob scores $17.5m
UK HR management and employee benefits platform Hibob has raised $17.5m in its Series A funding round.
HR Path grabs €30m to take software global
HR Path has raised €30m in a new round from Activa Capital, Ardian and Société Générale Capital Partenaires.
Decisely scores $60m for SME HR and benefits platform
HR and benefits platform for Decisely has raised $60m in a funding round from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants, a Carlyle Group portfolio company.
CXA lands $25m for employee benefits and insurance platform
Corporate insurance and benefits platform CXA has raised $25m in its Series B round. B Capital Group and EDBI co-led the investment.
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.
Mitrefinch picks up £20m from LDC in management buyout
Mitrefinch has raised £20m in an equity investment from LDC for its human capital management software.
TravelBanks files $10m for employee expenses app
Employee travel expenses app TravelBank has raised $10m in its Series A round led by NEA. Accel Partners also invested in the San Francisco-based startup.