FreshBooks, a Toronto-based cloud accounting company aimed at helping small and medium businesses, announced raising a $80.75 million Series E led by Accomplice and $50 million in debt financing, according to a press release.
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While freelance, part-time and remote work has been exploding in a number of sectors, traditional skilled workforces such as accountants, lawyers and doctors have just begun adoption to the trend.
Canada’s Advisory Committee on Open Banking has handed its three year investigation on the country’s potential for open banking, setting a tentative opening phase date of January 2023, according to a press release.
Financial connectivity provider Plaid has settled a $58 million class action lawsuit over claims that the fintech firm passed on personal banking data to third party firms without user consent.
Union54, a spin out of challenger bank Zazu, is enrolling in Y Combinator with plans to release Africa’s first card-issuing API, according to TechCrunch.
Jupiter, a Bangalore- and Mumbai-based neobank startup publicly launching next month, announced raising a $45 million Series B co-led by Nubank, Global Founders Capital, Sequoia Capital and Matrix Partners India, as first reported by the Economic Times.
eni, a Palo Alto-based fintech providing real-time financial data insights to small and medium sized startups, announced raising a $34 million Series B led by Elevation Capital, according to a press release.
According to Bloomberg, Canadians will be able to leverage Affirm to purchase Apple products. The option will be available online and in-store.
Figure Technologies intends to merge with Homebridge Financial Services, which could reshape the technology landscape of the mortgage industry through blockchain
In an age of digital transformation, companies are ramping up allocation of funds in the pursuit of both personal and customer security throughout the pandemic. While the world may be almost out of the COVID-19 woods, fraud protection and prevention is establishing itself as a permanent resident within fintech transactions.
