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Bill.com Acquires Divvy For $2.5B To Enter The Spend Management Space

CB Insights

Bill.com , a cloud-based billing, accounting, and payments platform, has acquired Divvy , a spend management platform, in a stock and cash deal valued at $2.5B. Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . Wealth management platform. HQ: San Rafael, California. HQ: Houston, Texas. HQ: San Jose, California.

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