Accounting

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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.

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.

/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.

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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.*

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.

/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.

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.

/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.

/wholesale

fresh Financials Group acquires AccountsForMe

Fresh Financials Group (FFG), an award-winning Xero Platinum Partner providing innovative cloud-based financial operations services, is excited to announce its second strategic acquisition, AccountsForMe Ltd.

/retail

Airwallex integrates with QuickBooks for multicurrency reporting

Airwallex, a leading global payments and financial platform for modern businesses, today announced an integration with QuickBooks, the leading financial technology software platform among businesses of all sizes.

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.

/startups

Finaloop secures $35 Million in Series A

Finaloop, the real-time e-commerce accounting platform, announced it has raised a $35 million Series A round. Lightspeed Venture Partners led the round with participation from Vesey Ventures, Commerce Ventures, and existing investors, Accel and Aleph.

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