Aiwyn Secures $113 Mln To Redefine Firm Operations, Tax Technology For CPA Firms

(RTTNews) - Aiwyn, an accounting technology company, Thursday announced that the company has secured a $113 million funding to improve firm operations and tax technology for Certified Public Accounting firms.

The funding, led by KKR & Co. Inc. (KKR) and Bessemer Venture Partners, would help the North Carolina-based company to evolve its payments and collections suite, as well as enhance product development.

Notably, KKR is funding this investment primarily from its Next Generation Technology III Fund.

During the pre-market hours, KKR's stock is trading at $147.90, up 3.46 percent on the New York Stock Exchange.