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/startups

AI bookkeeping platform Outmin raises €4 million

Outmin, an intelligent bookkeeping start-up that automates financial data production and eliminates manual data entry, today announced a €4 million raise led by Praetura Ventures via its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance, which is managed by Praetura as part of the Northern Powerhouse Investment Fund II.

/markets

Dutch fintech GoDutch raises pre-seed funding round of €1.2m

Dutch fintech GoDutch, founded by serial entrepreneur Thomas Vles, has raised a pre-seed funding round of €1.2 million. Reputable founders of Dutch neobanks such as René Frijters and Mike de Boer (Knab) and Bart Wesselink (former COO and CFO of bunq) provided half of the investment. A group of early GoDutch users raised the other half of the money.

/wholesale

Ebury becomes a Certified App Partner of Xero

Ebury, the global financial services firm, is delighted to announce it has officially become a Certified App Partner of Xero, the international accounting software platform.

/wholesale

Allica Bank connects customers with QuickBooks

Allica Bank, the UK’s fastest-growing company, has announced a new integration with QuickBooks, a leading accounting software platform widely used by SMEs.

IFGS 2025: Profit is key to net zero action

/sustainable

IFGS 2025: Profit is key to net zero action

At IFGS 2025, the panel, titled ‘The road to net zero: clear and decisive, or bumpy and long?’ gathered perspectives from climate finance experts on how navigating sustainable decisions require nuance amid rising complexity.

/wholesale

Pennylane raises €75 million

Pennylane raises €75M to become the preferred solution for European companies and accounting firms ahead of the arrival of electronic invoicing.

/wholesale

World’s first tax submission sent from space

Accounting software company FreeAgent has enabled a UK small business to make history by filing the world’s first tax submission from space - as part of a pilot scheme testing the next phase of the government’s Making Tax Digital (MTD) legislation.

/wholesale

Allica Bank to double accountancy partnerships team

Allica Bank, the UK’s fastest-growing private company, is doubling the size of its accountancy partnerships team to 16 less than a year after launch, having seen significant demand from the accounting sector.

SMB financial management platform Mimo raises $8.5m

/startups

SMB financial management platform Mimo raises $8.5m

Mimo, a UK-based platform for simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised $8.5 million in an equity round led by Project A and joined by Northzone and Seedcamp.

/payments

Cloud accounting fintech iplicit to bring instant payments to customers with GoCardless

iplicit, the cloud accounting platform purpose-built for the UK mid-market, has today announced its partnership with bank payment provider GoCardless.

/ai

Finom unveils AI accounting agent

Finom, the European financial services platform for SMEs, today announced an autonomous AI agent that streamlines financial management and automates accounting workflows for freelancers and small businesses.

Danish fintech Ageras buys Storebuddy

/wholesale

Danish fintech Ageras buys Storebuddy

Danish accounting, admin and banking fintech Ageras has bought payment reconciliation software provider Storebuddy. Financial terms were not disclosed.

/wholesale

Thriday introduces automated Xero switching

Thriday, the cutting-edge AI-powered financial management platform, has unveiled a ground-breaking automated switching feature, making it easier than ever for frustrated Xero customers to migrate seamlessly.

BMO brings embedded finance to business ERP systems

/wholesale

BMO brings embedded finance to business ERP systems

Canada's BMO has teamed up with embedded banking specialist Fispan to let business clients integrate their online accounts directly into Enterprise Resource Planning (ERP) and accounting systems.

UK fintech jobs market booms

/retail

UK fintech jobs market booms

The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.

/ai

Caseware acquires Extractly.ai

Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai, the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams.

/wholesale

AccountsIQ acquires ExpensIn

AccountsIQ, a leading provider of fully cloud-based accounting software, has today announced its acquisition of ExpenseIn, the expense management software that empowers businesses to take control of their expense and invoice management process.

Bookkeeping platform Bench shuts down; quickly gets acquired

/retail

Bookkeeping platform Bench shuts down; quickly gets acquired

Days after closing down, Vancouver-based bookkeeping fintech Bench has been acquired by human resources tech startup Employer.com.

Thomson Reuters buys tax automation provider SafeSend

/wholesale

Thomson Reuters buys tax automation provider SafeSend

Thomson Reuters has acquired cloud-native tax automation firm SafeSend for $600 million in cash.

Swedish spend management fintech Mynt raises €22 million

/payments

Swedish spend management fintech Mynt raises €22 million

Swedish spend management fintech Mynt has raised a €22 million Series B funding round at a significantly increased valuation of approximately €175 million.

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