Cash management — tracking who needs to pay an invoice and whether it’s been done — can make or break a business. Now, a startup building SaaS software to help finance departments manage this more intelligently is announcing some funding to expand after seeing strong demand.
Growfin, a Singapore- and San Francisco–based fintech startup that provides SaaS for finance departments to track and collect payments and to help manage the accounts receivable process, has raised a $7.5 million Series A. The company plans to use this funding to continue expanding in the U.S. and Asia, and to double down on building more AI-based technology to expand its platform. Next up: a forecasting tool that pre …
