Accounting

125 articles tagged with this keyword

/startups

Countingup raises £9.1m

Countingup, a London-based startup offering users a business current account with built-in accounting software, has closed a £9.1 million Series A investment round led by Framework Venture Partners.

/startups

Intuit Quickbooks taps Modulr to power SME digital payments account

Intuit Quickbooks has picked UK payments-as-a-service platform Modulr to power a new digital payment account for small businesses.

/startups

Aussie business finance startup Thrive hits $2 million crowdfund target in two days

Thrive, an Australian fintech startup that provides tools for automating financial admin for small businesses, has raised $2 million in under two days in a record-breaking crowdfunding campaign.

/startups

Pennylane picks up $18.4 million in funding

French fintech startup Pennylane has snagged $18.4 million in funding to grow its array of bookeeping and financial management tools.

/startups

ANZ invests in fintech Aider

ANZ has made a strategic investment in Aider, a New Zealand fintech that helps SMEs get insights into their cash flow, staffing and accounting needs. The size of the investment was not disclosed.

/cloud

BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

/sustainable

EY: Sustainable goals in finance won’t be met with traditional behaviours

Financial services firms must evolve their mindsets to both manage risk effectively and to ensure that the industry meets sustainable goals, according to Sandy Trust, sustainable finance consulting lead at EY and deputy chair of the IFOA’s Sustainability Board.

/sustainable

Coalition of UK banks launched to standardise carbon accounting

The Partnership for Carbon Accounting Financials (PCAF) is launching a coalition aimed at the promotion of measuring and disclosing carbon emissions in the UK financial services industry.

/crime

Fintech bids for Wirecard's Aus and NZ businesses

The break-up of the various international businesses of disgraced payments processing company Wirecard continues after it emerged that Australian payments firm Change Financial is set to buy its Australian and New Zealand businesses for $7.8m.

/retail

BMO builds API portal for QuickBooks data sharing

The Bank of Montreal (BMO) has developed an API portal to let small business customers easily share their data with Intuit's QuickBooks accounting software.

/regulation

Wirecard scandal signals EU regulatory overhaul

European Union officials have suggested that there will be changes in the supervision of fintech firms in the wake of the £1.8bn accounting scandal at German payments firm Wirecard.

/startups

SocGen buys French neobank for entrepreneurs Shine

Societe Generale is acquiring Shine, a French neobank for entrepreneurs, in a deal rumoured to be worth around EUR100 million.

/wholesale

Rabo Frontier Ventures acquires stake in SME marketplace Ageras

Rabo Frontier Ventures is to take a stake in Ageras through the sale of its online bookkeeping app Tellow to the fast-growing SME marketplace.

/startups

Danish platform Billy looking to transform accounting at SMEs

Danish accounting platform Billy is harnessing Open Banking to get access to SMEs’ data from banks and transform the way they perform their accounting.

/startups

ING Ventures leads £4m Countingup funding round

ING Ventures has led a £4 million financing round for Countingup, a UK startup that combines a business current account with a built-in accounting package.

/wholesale

Accountancy platform Bokio raises EUR7.4 million; acquires rival Red Flag

Accountancy platform Bokio has raised EUR7.4 million in equity finance and merged with Stockholm-based competitor, Red Flag.

/retail

NatWest's Mettle offers subscription-free access to FreeAgent accountancy package

NatWest's online business bank Mettle is to provide hard-pressed freelancers, sole traders and small businesses with free access to cloud-based accountancy software from FreeAgent.

/Accounting

Sabadell taps incubator graduate Nomo for sole trader app

Banco Sabadell is adopting technology from InnoCells incubator graduate Nomo to provide sole traders with an all-in-one app for managing their business finances.

/payments

How to manage vanilla treasury payments against the backdrop of regulation

Finextra spoke to ING’s head of transaction services Americas Tibor Bartels at AFP 2019 about his experience working with both US and European treasurers and chief financial officers and whether regulation has helped with cash management or has been a hindrance.

/payments

A treasurer’s best practice guide to global payment integration

Corporate business success stories can only be achieved if treasury professionals are keenly aware of the payment options, innovations and regulatory changes that are, can and will impact financial operations.