Digital bookkeeping platform Receipt Bank notched approximately $73 million in equity and debt in a Series C funding round, according to an announcement by global investment bank Harris Williams. The funding round was led by Insight Partners, which was joined by Augmentum Fintech, with participation...
Application program interface (API) technology had a standout year in 2019 as a critical component to enabling the open banking business model, unlocking financial data from silos, as well as facilitating seamless data integration and connectivity, to power a range of financial services platforms. Get...
With the holiday season wrapped, venture capitalists are gradually returning from a bit of a break in the B2B FinTech funding front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. Get the Full Story Complete the form...
The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., has released new guidance on computing costs for cloud computing to take effect for public businesses in 2020. It also provides a new standard for companies that struggle with the implementation of...
U.K. startup B-North has raised £2 million (€2.34 million or $2.6 million USD) from existing and new investors through equity crowdfunding platforms Crowdcube and GrowthFunders, according to reports. This latest funding adds to the £4.2 million B-North raised in previous rounds. Get the Full Story Complete the...
The commercial InsurTech Bold Penguin is acquiring excess and surplus brokerage tech platform xagent so it can scale service to insurance carriers, brokers and agents, Bold Penguin announced on Thursday (Jan. 2). Get the Full Story Complete the form to unlock this article and enjoy...
Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances. Get the Full Story Complete the form...
