Accounting

114 articles tagged with this keyword

/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.

/startups

TrueLayer reports growth despite losses

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

/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.

/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".

/wholesale

Danish fintech Ageras raises €82m for acquisitions

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

/devops

Microsoft launches AI-powered Copilot for Finance

Microsoft has launched Microsoft Copilot for Finance, an AI-driven workplace automation service that is part of Microsoft 365, joining Copilot for Sales and Copilot for Service in the Microsoft Copilot suite.

/startups

AI fintech Black Ore emerges from stealth with $60m

Black Ore, a startup developing AI tools for financial services firms, has emerged from stealth with $60 million in financing led by a16z and Oak HC/FT, with participation from a host of big-name angel investors.

/sustainable

Greenly launches climate rating system to ensure decarbonisation transparency

Carbon accounting platform Greenly has launched a climate rating system to monitor decarbonisation in companies.

/startups

Financial management platform for multi-entity businesses raises £5m

Translucent, a London-based accounting and financial management platform for multi-entity businesses, has raised £5 million in a seed round co-led by Chalfen Ventures and LocalGlobe.

/sustainable

Make carbon accounting as pervasive as financial accounting - Greenly

Speaking to Alexis Normand, the founder of carbon accounting platform Greenly, Finextra learned how carbon accounting has become a necessity in the banking sector today.

/payments

AmEx to debut on-demand virtual cards for expenses with PayEm integration

Global procurement and spend management company PayEm has integrated with American Express to give users a new option for managing payments and expenses.

/retail

UK small businesses embrace open banking

UK businesses are adopting open banking products at a higher rate than consumers, with accounting software driving take-up, data from Open Banking Limited (OBL) shows.

/startups

Monite doubles seed round to $10m

API-first embedded finance workflows startup Monite has raised another $5 million, doubling its seed funding round to $10 million.

/regulation

Revolut under pressure over internal audit

Online bank Revolut is facing more questions over its internal controls after it was criticised by a UK regulator for the unacceptably high risk of "material misstatement" in its account auditing.

/wholesale

Ageras secures €35m for acquisitions

CIBC Innovation Banking has provided €35 million in growth capital to Ageras to boost the Copenhagen-based fintech's acquisition efforts as it seeks to expand its financial "cockpit" for SMEs.

/devops

Starling launches budgeting tool for small businesses

Starling Bank has released their Bills Manager feature to assist over 460,000 small businesses manage their budgets.

/startups

JP Morgan leads $100m funding round for Codat

Codat, an API-based platform for business data sharing, has raised $100 million in a Series C funding round led by JP Morgan Growth Equity Partners.

/crypto

Cryptio raises $10m

Cryptio has raised $10 million in Series A funding for its enterprise crypto back-office platform.

/retail

Indian neobank Open hits unicorn status

Indian neobank Open has become a unicorn after securing $50 million in a Series D funding round led by investment firm IIFL.

/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

Barcelona-based Hubuc has become the latest embedded finance player to raise funding, closing a $10 million seed round co-led by WndrCo and Runa Capital.