Money transfer app Azimo acquired by payroll and payments firm Papaya Global
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
payroll
ICYMI fintech funding round-up: Mistho, Plurall, Rupifi
Our weekly fintech round-up for you to get the latest funding news from around the world.
Pinwheel raises $50m in Series B to help create “fairer financial system”
Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.
Payroll start-up Pento raises $35m in Series B
The Series B was co-led by new investor Tiger Global and existing investor Avid Ventures.
Hi55 Ventures, NTT DATA, Railsbank and Mastercard team up to reinvent payroll
The Hi card will give employees direct access to money they’ve earned in real-time, free of charge.
PayFit raises €90m to automate payroll and HR for European SMEs
The previous funding round closed in 2019, with €70 million.
Gusto unveils Partner Directory of accountants for SMEs
Gusto launches its own Yelp for accountants.
Online payroll and HR tech provider Gusto goes freemium
Gusto’s HR Basics offers small businesses a set of basic HR tools for free.
TransferWise to power payroll payments for crowdfunding platform Seedrs
Well, reader, it’s kind of a cheerleader for Seedrs.
Green Dot buys UniRush, gains a major payroll card foothold
It’s official: Green Dot will spend at least $167 million to buy UniRush.
Report: Green Dot Wants to Buy UniRush
Green Dot reportedly wants to buy competitor UniRush—a deal that would unite two of the biggest companies in the GPR space and give Green Dot a “foothold” in the payroll card business. The deal, if it comes to fruition, could suggest that the industry, which has been contracting through consolidation for the past several years, isn’t done yet.
