#e-invoicing

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fromTNW | Investors-Funding
1 week ago

French fintech Pennylane raises 175M

Paris-based fintech Pennylane has just pulled off one of Europe's most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the continent. The round was led by growth investor TCV, with participation from Blackstone Growth and a group of existing backers that includes Sequoia Capital, DST Global, CapitalG and Meritech Capital.
Miscellaneous
Business
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Over half of companies are unable to expand due to missed invoicing or tax compliance deadlines - London Business News | Londonlovesbusiness.com

Widespread tax and e-invoicing non-compliance, driven by regulatory complexity and fragmented systems, is causing fines, invoice rejections, and hindering global business growth.
fromTechCrunch
4 months ago

LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B | TechCrunch

Aging demographics, labor shortages, the adoption of GenAI, and the 2023 implementation of e-invoicing are driving companies to automate finance, tax, procurement, and HR in Japan. Yet only 16% of digital transformations succeed, and that's only 4-11% in traditional industries. The main barriers? Weak leadership commitment, a rigid culture, and a lack of digital talent. LayerX offers an AI SaaS platform to help enterprises scale back-office automation.
Venture
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