Accounting

118 articles tagged with this keyword

/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.

/wholesale

Thomson Reuters buys tax automation provider SafeSend

Thomson Reuters has acquired cloud-native tax automation firm SafeSend for $600 million in cash.

/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.

/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.

/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.