Accounting

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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.

/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.

/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.

/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.

/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.

/retail

Intuit wins QuickBooks deal with Amazon

Intuit Inc. (NASDAQ: INTU) and Amazon (NASDAQ: AMZN) today announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business.

/payments

Tipalti expands in Canada

Leading global finance automation company Tipalti announced the launch of its localized solution for the Canadian market and registration as a money services business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), marking a significant milestone in its international expansion.

/wholesale

Deutsche Bank Securities Services extends SimCorp partnership

SimCorp, a leading global financial technology company, and Deutsche Bank Securities Services announced the extension of their longstanding partnership.

/Accounting

Novo launches suite of products for solopreneur

Novo, a leading banking platform tailored for solopreneurs and small business owners, announced at Money 20/20 USA a significant expansion of its services with the launch of the Novo Business Credit Card issued by Continental Bank, as well as new financing and bookkeeping products.

/retail

Shopify Finance launches

Entrepreneurs build and innovate at warp speed, but traditional banks haven’t kept up. In 2024, banks tightened lending requirements for small businesses—with some increasing the cost of borrowing. And 40% of entrepreneurs cite financial risk as a barrier for starting a business.*

/crypto

Digital asset trust company Tetra chooses Ledgible for reconciliation processes

As the digital asset landscape continues to expand, the demand for reliable and efficient data solutions has never been more pressing. Recognizing this need, Tetra Trust, Canada’s first and only qualified custodian for digital assets, has turned to Ledgible, a leading digital asset tax and accounting platform, to further enhance their digital asset reconciliation processes.

/startups

Accounting tech startup LiveFlow raises $13.5m

The accounting industry is undoubtedly facing major challenges, with one of the most pressing being a severe talent shortage.

/wholesale

TD preps small business dashboard

Most small business owners start their company because they are pursuing a passion, not because they are savvy at accounting or finance.

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