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Employment Hero raises $181M AUD at $1.25B AUD valuation, acquires KeyPay

TechCrunch

The Sydney, Australia-based company also said it has acquired KeyPay, a workforce management and payroll platform that will remain as an independent brand and get investment from Employment Hero to grow its team. The company itself has a team of more than 500 full-time employees based around the world.

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

Osome’s founding team, Anton Roslov, Victor Lysenko and Konstantin Lange. An extension of Osome’s seed round , the new funding was led by XA Network and AltaIR Capital. The new funding brings Osome’s total raised to $8 million from investors including Target Global. Osome’s digital business assistant.

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QED Investors closes on $1.05B across two funds to invest in fintech companies globally

TechCrunch

QED Investors announced the closing of two new funds totaling $1.05 Specifically, today QED is announcing a $550 million early-stage fund and a $500 million growth-stage fund , both of which are aimed at backing fintech companies primarily in the U.S., the United Kingdom, Latin America and Southeast Asia.

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Employment Hero gets $140M AUD Series E led by Insight Partners, grows valuation to $800M AUD

TechCrunch

Four months after announcing its last round, Employment Hero has closed another $140 million AUD (about $103 million USD) in funding. Its previous funding announcement was a $45 million AUD Series D announced in March , led by online job platform SEEK, at the company’s previous valuation of about $250 million AUD.

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Hiro Capital puts $2.3M into team sports tracking platform PlayerData — as does Sir Terry Leahy

TechCrunch

million funding round in PlayerData. based PlayerData uses wearable technology and software tracking to give grass-roots and professional sports teams feedback on their training. PlayerData says it has captured more than 10,000 team sessions across U.K. It’s now led a $2.3 Edinburgh, U.K.-based The Tonal EC-1.

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Insight Partners leads $60M growth round in cross-border payments startup Thunes

TechCrunch

Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. It is regulated by the Monetary Authority of Singapore and the Financial Conduct Authority in the United Kingdom. When Insight approached Thunes, it was not planning to raise more funding. Insight closes $9.5B

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Virgin Atlantic files for bankruptcy due to COVID-19

The Verge

Virgin Atlantic, which operates mostly in the United Kingdom, has administrative offices in Atlanta, Georgia and a team in New York as well. In particular, Virgin Atlantic is trying to renegotiate leases on most of its planes as well as loans it has taken in the past and can’t fully repay.

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