The aftermath of the Evolve hack persists, fintech mergers and acquisitions intensify, and Plaid discusses its enterprise expansion efforts

Several fintech and software-focused startups have recently secured significant funding rounds. Payabli, specializing in API-driven payment infrastructure for software companies, raised $20 million in Series A funding.

Rainforest, another player in the space, also raised $20 million in its Series A round, aimed at embedding payment processing within software platforms. Belgium’s Chift secured $2.5 million in seed funding, offering SaaS companies integration with various financial tools via a unified API.

Egyptian startup Connect Money received $8 million in seed funding to expand its banking-as-a-service offerings across African markets. Meanwhile, German startup Feather raised €6 million to simplify health insurance navigation for over 40 million expats living and working in Europe