In today’s FinTech news, three Delivery Hero alums have raised $6.4 million in seed funding to grow their financial operations software startup Payrails.
Meanwhile, digital bank Kyash took in $41 million in a Series D fundraise for expansion, and home improvement lender PowerPay is adding healthcare financing to its offerings.
German startup Payrails raised $6.4 million in seed funding to continue building out financial operations software for payments and financial services tailored to high-growth companies.
Launched by three Delivery Hero alums, the company uses a single application programming interface (API) to enable companies to scale payment functions without complex infrastructure.
Japanese digital banking startup Kyash is using the $41 million it raised to grow its workforce and expand the number of products and services it offers.
The company’s payment solution offers customized business services and also issues cards with Visa. Founded in 2015, Kyash has raised $107…