Inbox Health has raised $22.5 million in a Series B funding round to expand its patient billing communications platform. The platform is used by 2,600 medical practices in the United States and that has collected payments from 3.5 million patients, Inbox Health said in a...
OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to digitize invoices and perform reconciliation, eliminating billing errors and the need for interdepartmental approval processes, OpenEnvoy said in a Wednesday...
Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the Series A funding round Wednesday (May 3) in a news release provided to PYMNTS, saying it wants to use the money to attract new talent and...
Aligned has raised $5.8 million to develop a network that aims to streamline B2B dealmaking. The company will use the new funding to continue building out its B2B buyer-seller network that is designed to enable more effective collaboration and eliminate the need for email threads,...
Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note, and a $10 million convertible note from Grand Oaks Capital. According to a news release,...
Vesey Ventures has launched a $78 million debut fund focused on early-stage FinTech companies. The new venture firm was founded by three former managing directors at Amex Ventures: Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, Vesey Ventures said in a press release emailed to PYMNTS....
Venture capital (VC) firm Kindred has debuted a $130 million fund targeting early-stage companies. Announced Thursday (April 20), the fund — Kindred’s third — will invest in businesses offering “picks and shovels,” in other words, “tools and services that power industries — the [application programming...
Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s venture capital operation Allianz X has told advisors to sell the company’s roughly 5% stake...
Floodlight has raised $6.4 million in a seed round to expand its “smart business account for eCommerce.” The United Kingdom-based company’s account enables eCommerce small- to medium-sized businesses (SMBs) to manage their finances and gain financial insights through a single dashboard that connects the financial...
