Accounting

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/ai

Maxima raises $41m for agentic AI platform for accounting automation

Maxima, the agentic AI platform for accounting automation, today announced $41 million in Seed and Series A funding from Redpoint Ventures, Kleiner Perkins, Audacious Ventures, joined by industry leaders and operators including former BlackLine CMO & Chief Strategy Officer Andres Botero, former BlackLine SVP of Operations Eric Borrmann, Rubrik CFO Kiran Choudary, Vanta CFO David Eckstein, and NFL Super Bowl Champion and Liquid 2 Managing Partner Joe Montana.

/payments

FreeAgent and Pleo join forces to streamline expense management for UK SMEs

Accounting software provider FreeAgent has announced a new partnership with Pleo, the smart spend management platform, to make it easier for UK small businesses to manage day-to-day expenses and stay on top of their cash flow.

/crime

SmartSearch and T-Tech team up for automated AML

SmartSearch, the UK’s leading provider of digital anti-money laundering (AML) and compliance solutions, has announced a strategic partnership with T-Tech, a specialist technology consultancy and automation provider serving the accountancy sector.

/ai

Tax System acquires AI vendor Loctax

Tax Systems, a global tax and accounting software provider, has today announced the acquisition of Loctax, a leading provider of collaborative tax, compliance, risk and governance solutions for in-house global tax teams.

/people

Broadstone appoints head of DC proposition

Broadstone, a leading, independent UK consultancy delivering expert advice to employers, insurers, pension scheme trustees and lenders, announces the appointment of Kelly Parsons as Head of DC Proposition.

/startups

Irish startup Leapifai launches digital tax copilot

Leapifai, a pioneering Irish fintech start-up, today announced the launch of its novel digital tax copilot platform, designed to modernise tax compliance to create efficiencies that allow accountants as well as financial advisors to serve more clients.

/wholesale

Tipalti secures $200m in growth financing

Tipalti, the AI-powered platform for finance automation, today announced it has secured $200 million in growth financing from long-time partner Hercules Capital, Inc. (NYSE: HTGC). The financing will fuel Tipalti’s continued investment in artificial intelligence (AI) and product innovation, as well as support its global growth.

/ai

Xero rolls out AI 'superagent'

Xero, the global small business platform, announced the next evolution of its AI financial superagent JAX (Just Ask Xero)—built on Xero’s agentic platform.

/ai

Finom rolls out AI accountant for German customers

Finom, the leading European financial services platform for SMEs, opens access to AI Accounting to all customers in Germany.

/retail

Expensify launches receipt integration with DoorDash for Business

Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses, travel, and corporate cards, announced a new integration with DoorDash for Business.

/wholesale

FloQast teams with Deloitte for Australian push

FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced a strategic alliance with Deloitte Australia to deliver financial transformation for clients across multiple industries and service lines.

/retail

Wio Bank PJSC integrates with Xero

Wio Bank PJSC, the UAE’s leading digital bank, has launched a direct integration with Xero, the global small business platform, enabling Wio Business customers to simplify their accounting processes with seamless bank feeds, automated reconciliation, and real-time financial insights, all within a few clicks.

/ai

OLarry raises $10m for AI-powered tax planning

OLarry, an AI-powered tax firm for the next generation of high-net-worth individuals and businesses, today announced that it has raised a $10 million Series A round led by TTV Capital and joined by Walkabout Ventures and Marin Sonoma Impact Ventures, bringing the company's total funding to $14.5 million.

/payments

Corpay launches automated finance platform in UK

Corpay, the global S&P500 corporate payments company trusted by thousands of businesses worldwide, has launched Corpay Complete in the UK, a powerful, all-in-one platform designed to streamline finance operations, automate payments, and deliver real-time control over costs.

/regulation

Deloitte and AuditBoard ally for GRC services

AuditBoard, the leading global platform for networked risk management and transformation in the areas of audit, risk and compliance, is expanding its partnership with Deloitte.

/sustainable

Oxygen Conservation and Burges Salmon announce £1 million partnership for 8,000 UK-based carbon cred

Leading natural capital asset manager Oxygen Conservation and independent UK law firm Burges Salmon have announced the signing of a landmark partnership valued at up to £1 million. As part of the agreement, Burges Salmon will be the exclusive buyer of up to 8,000 premium-quality, UK-based carbon credits which will be provided at £125 per tonne.

/payments

Dext and Airwallex introduce cross-border payment routing and accounting for SMEs

The Dext Airwallex partnership has launched Dext Payments, a smart way to make it easier for SMEs to do business across borders.

/ai

Intuit launches AI agents and fintech platform

Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a transformative set of proactive Intuit AI agents that will dramatically improve how businesses run and grow.

/cloud

GoCardless expands partnership with FreeAgent

GoCardless, the bank payment company, has expanded its partnership with FreeAgent, a cloud based business accounting software for small businesses, freelancers and their accountants, to provide faster and more convenient payment solutions to their customers.

/payments

Xero to acquire bill payment outfit Melio

Xero Limited (ASX: XRO) today announced it has entered into a binding agreement to acquire 100% of Melio Limited and its associated entities (collectively Melio).

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