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Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch, a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand its market presence. Since its 2023 launch, Thatch has offer
Sep 5, 2024
fintech
Capitalize Secures $19M to Revolutionize 401(k) Rollovers with Digital Innovation
Capitalize, a platform that facilitates the digital transfer and management of retirement assets, announced the closure of a $19 million Series B funding round led by RRE Ventures. This investment will accelerate the adoption of their technology, which has already seen a sixfold increase in rollover
Aug 14, 2024
fintech
Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million
Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fintech market, particularly in the rapidly expanding small and
Aug 9, 2024
fintech
401GO Raises $12M Series A to Fuel Next Phase of Growth
401GO, a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capital. This investment will support 401GO's growth, including t
Apr 23, 2024
fintech
Salt Labs Offers Lifeline to Employees Left Adrift by Blueboard’s Sudden Shutdown
In an unexpected turn of events that has sent ripples through the HR industry, Blueboard, a prominent experiential employee recognition platform based in San Diego, announced its abrupt shutdown on March 12, 2024. This sudden closure left hundreds of thousands of employees nationwide facing the
Mar 18, 2024
fintech
Fijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare
Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employee experiences in healthcare. Fijoya operates at the fintech
Mar 7, 2024
fintech
RemotePass Transforms the Future of Work: Secures $5.5M to Expand Global HR Solutions
RemotePass, an HR and fintech startup, has raised $5.5 million in Series A funding, surpassing a total of $10 million in capital. This investment will further develop its platform, which assists companies in onboarding, managing, paying, and retaining remote workers worldwide. Led by 212 VC, with co
Mar 5, 2024
fintech
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased secured credit facility capacity from Citi, and over $75 millio
Jan 18, 2024
fintech
Vestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major milestone for the company. Vestwell aims to revolutionize fi
Dec 22, 2023
fintech
ADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-end payroll and payments solution. Leveraging ADP's expertise
Nov 14, 2023
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