Procurement and spend management solutions company Airbase announced a strategic collaboration with Sardine, a behavior-based fraud management company, amid a backdrop of soaring vendor and payment fraud. … Deel, a payroll company specializing in international teams, is acquiring African-based payroll and HR company PaySpace for an undisclosed amount. By acquiring PaySpace, Deel will become a global payroll and employer of record with its own full-stack payroll engine localized in 50 countries and integrated into its offering. Deel also announced that it has achieved over $500 million in annual recurring revenue organically, outside of this acquisition. … Propense.ai, a SaaS platform using AI technology to improve client service and drive cross-selling revenue for professional services firms, has raised $3 million in its first round of seed funding led by Harlem Capital. Participating investors include Operator Collective, New Enterprise Associates (NEA Angel Fund), Florida Opportunity Fund, Glass Family Office and angel investors.
Source Link
