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Data, Business Intelligence Lead B2B VC Roundup

In a venture capital slowdown, any investment round is a win.

This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 million in fresh investment for the industry. PYMNTS rounds up the latest deals below.

Whistic

Focused on mitigating third-party risk for B2B buyers and suppliers, Utah-based Whistic recently announced a $12 million Series A investment round, FinNSMEs reported. The company offers businesses a platform to manage their third-party partners, connecting users to its Trust Catalog of corporate profiles. Investors at Emergence led the funding, while Album VC and existing backers also participated. Whistic said it would use the investment to grow its staff and scale operations.

CANDIS

Germany’s CANDIS, a small- to medium-sized business (SMB) accounting automation platform, recently announced via press release a $14.2 million

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UK finance minister Sunak, 39, next in line to lead country after Raab

FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak poses with the red budget box outside his office in Downing Street in London, Britain March 11, 2020. REUTERS/Henry Nicholls/File Photo

LONDON (Reuters) – British finance minister Rishi Sunak would take responsibility for leading the country if Dominic Raab, currently standing in for hospitalised Prime Minister Boris Johnson, were also incapacitated.

Johnson spent a night in intensive care receiving oxygen treatment following his admission to hospital with a persistent high temperature and cough, more than a week after testing positive for the novel coronavirus.

Foreign minister Raab has taken over some of the British leader’s responsibilities, including chairing the government’s daily meeting on the coronavirus crisis, although the 55-year Johnson remains prime minister.

“There is an established order of precedence,” Johnson’s spokesman said. “In line with the order of precedence, the Chancellor (Sunak) would follow from the Foreign Secretary.”

Sunak was

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