Accounting

125 articles tagged with this keyword

/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.

/startups

Nomo adds current account to SME fintech app

Nomo, the Banco Sabadell-backed fintech platform for the self-employed and SMEs, is adding a current account and virtual card to its offering.

/startups

Monite raises $5m for embedded finance platform

Embedded finance automation platform Monite has raised $5 million in a round led by Point72 Ventures and joined by a host of high-profile angel investors.

/payments

Israeli fintech Tipalti sees valuation exceed $8bn

Tipalti, a provider of AI-powered commercial payments and accounting services, has completed a series F funding round that has seen its valuation reach $8.3 billion.

/cloud

Big banks invest in accounting software firm Freshbooks

Barclays, Bank of Montreal and JPMorgan have joined an US$80.75 million Series E funding round for Toronto-based cloud accounting software firm Freshbooks.

/startups

Sequoia makes €15 million investment in Pennylane

French fintech startup Pennylane has secured €15 million in funding to grow its array of bookeeping and financial management tools.

/startups

LemonEdge raises $2.5m to digitise accounting for PE industry

LemonEdge, a London-based startup that helps firms in the private equity and financial services industries digitise complex accounting, has raised $3.5 million.

/payments

ClearBooks joins new Revolut-built embedded finance marketplace

Accounting software provider ClearBooks is to be the first third party application to join a new business marketplace built by Revolut to house apps embedded with its own financial services capabilities.

/sustainable

Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services.

/payments

HSBC launches mobile business bank for UK SMEs

HSBC has launched a mobile banking offshoot, Kinetic, to cater to the needs of the UK business community.