Airbase

Finally, a bunch of SMB-focused fintechs get investor love while M&A activity heats up

Welcome to TechCrunch Fintech! It’s finally cooling down here in my home base of Austin, Texas, and that makes me happy. In this week’s newsletter, we’re looking at a big raise in the embedded fintech software space, a flurry of M&A activity and SMB-focused fundraises and more. To get a roundup of TechCrunch’s biggest and […]

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Paylocity is acquiring corporate spend startup Airbase for $325M

HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is expected to close in the first or second quarter of Paylocity’s fiscal year, which would be sometime in the next 30 to 60 days. It

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