Accounting

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Lloyds expands partnership with MyPocketSkill to boost financial literacy

/inclusion

Lloyds expands partnership with MyPocketSkill to boost financial literacy

Lloyds Bank is scaling up its partnership with financial education platform MyPocketSkill to encourage positive money habits in 13-25 year-olds.

Monzo adds built-in tax filing tool

/retail

Monzo adds built-in tax filing tool

UK digital bank Monzo has rolled out a tool that lets sole traders and landlords file taxes directly to HMRC from their business account.

Visa launches VCS Hub for AI-powered commercial payments

/ai

Visa launches VCS Hub for AI-powered commercial payments

Visa has launched a hub to help issuers and fintechs deliver commercial payment and embedded finance experiences.

FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

/regulation

FCA’s targeted support proposal sparks debate on advice boundaries and consumer access

The UK's Financial Conduct Authority (FCA) has released rules for targeted support, which would allow organisations to provide guidance to specific consumers on financial products that would best suit them.

UK Chancellor halts ISAs reductions after backlash

/people

UK Chancellor halts ISAs reductions after backlash

Rachel Reeves, UK Chancellor, announced reductions to allowance for tax-free cash savings in a push to get the public to allocate more funds into stocks and shares to boost the economy. However, backlash from building societies and banks has led to these plans being shelved.

Ageras makes 8th acquisition with payroll company Employes

/wholesale

Ageras makes 8th acquisition with payroll company Employes

Accounting, admin, and banking software platform Ageras has made its eighth acquisition in Dutch payroll company Employes.

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.

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.

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.

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.

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.

AFP: Fraud is the biggest painpoint for accounts payables automation

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

MoneyGram 'shocked' by UK Post Office move to end relationship

/security

MoneyGram 'shocked' by UK Post Office move to end relationship

US money transfer giant MoneyGram has responded to the UK Post Office's decision to terminate a long-term relationship between the two following a cyber security incident.

TrueLayer reports growth despite losses

/startups

TrueLayer reports growth despite losses

TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.

Chift raises seed funding to help SaaS companies build integrations

/startups

Chift raises seed funding to help SaaS companies build integrations

Chift, a Belgian startup that helps SaaS companies integrate with other financial applications and tools via APIs, has raised €2.3 million in seed funding.

Danish fintech Ageras eyes acquisitions

/wholesale

Danish fintech Ageras eyes acquisitions

After posting a profit for 2023, Danish accounting software fintech Ageras has set its sights on securing one or two "major acquisitions".

Danish fintech Ageras raises €82m for acquisitions

/wholesale

Danish fintech Ageras raises €82m for acquisitions

Danish accounting software fintech Ageras is on the acquisition hunt after securing €82 million in funding.

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