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Payroll automation startup raises $15.6M Series A led by General Catalyst
Payroll automation is not exactly the sexiest of startup areas but it's a pretty decent business. The larger startup in the space is Payfit, which has raised upward of $208.4 million to do something that lots of companies find quite painful. But Payfit does a lot of other things as well, potentiall...
Ex-Monzo CEO Tom Blomfield among angels backing payroll startup fundraise - AltFi
Pento has scooped a $15.6m Series A from a number of fintech angel investors and plans to use the cash to grow its staff numbers, expand internationally and build new products. Image source: Jonas Bøgh Larsen and Emil Hagbarth Rasmussen/Pento It seems like fintech founders just can't get enough of startups and it's no different for payroll automation startup Pento.
Move fast, make things - UK fintech's response to the coronavirus crisis continues
The U.K.'s fintech's response to the coronavirus pandemic so far might best be described as "move fast, [and] make things," as multiple and sometimes impromptu teams roll out financial technology solutions to help combat the crisis. Last month, I reported on "Covid Cre...
Updated: Software suppliers offer practical help
Already developers are reporting getting calls from accountants in distress who are looking to reduce their running costs as fees dry up. It's a difficult decision to sacrifice much-needed income in any industry, but some software developers are responding with free offers and price holidays. Among them are AccountancyManager, Float and Liberty Accounts.