Accounting

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Amaiz launches biz banking app for UK 'solopreneurs'

/startups

Amaiz launches biz banking app for UK 'solopreneurs'

UK startup Amaiz has launched an app-based specialist banking service for freelancers, gig workers, entrepreneurs and contractors.

China and India lead global fintech services adoption

/Accounting

China and India lead global fintech services adoption

Fintech is mainstream, according to a global survey from EY which finds that financial technology services are used by the majority of people in India, China and the UK, although are considerably less popular in the US, France and Japan.

Holvi to launch across Europe

/Accounting

Holvi to launch across Europe

Holvi, the BBVA-backed small business current account for entrepreneurs and small businesses, is planning to launch in Ireland, Italy, Belgium, France and the Netherlands, following 60% year-on-year growth from 2017 to 2018

/Accounting

Penta integrates with Debitoor e-invoicing program

Penta customers can now save even more time and do their accounting with just a few clicks: The digital business account provider has integrated the Debitoor invoicing program.

/Accounting

CIBC launches banking platform for SMEs

CIBC (CM) (CM) today unveiled a first-of-its-kind banking platform in Canada designed to help small and medium-sized businesses run and grow their companies.

Metro Bank faces shareholder revolt

/Accounting

Metro Bank faces shareholder revolt

Shareholders in Metro Bank have been advised to reject the British retail bank's latest remuneration report and abstain in the vote of its directors amid ongoing concerns over accounting practices.

/Accounting

Accounting software from FreeAgent latest to join Starling Marketplace

Starling, the leading mobile bank, has partnered with accounting software provider FreeAgent to help small business owners cut the time they spend on daily admin, digitise their finances and relax about tax.

Coconut joins RBS bail out queue

/startups

Coconut joins RBS bail out queue

Current account and bookkeeping app Coconut is the latest fintech startup to apply for a slice of the RBS bail out fund, eyeing up a £25 million prize from Pool D of the Competition Remedies Fund.

/wholesale

Canada Life picks Temenos to support UK life and pension funds accounting

Temenos (SIX: TEMN), the banking software company, today announced that Canada Life has selected the Multifonds Global Accounting platform to support its UK investment accounting operations.

MineralTree raises $50m

/Accounting

MineralTree raises $50m

US accounts payable and payment automation technology provider MineralTree has raised $50 million in a funding round led by Great Hill Partners and joined by existing investors .406 Ventures and Eight Roads Ventures.

/wholesale

World Bank signs for SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces that it has signed a license agreement with The World Bank for use of SimCorp’s investment management system, SimCorp Dimension.

Wave buys SME biz account and card provider Every

/startups

Wave buys SME biz account and card provider Every

Wave, a Toronto-based startup offering products and services to small businesses, has acquired Every, which provides business accounts and debit cards to SMEs. Financial terms were not disclosed.

/Accounting

Capitalise secures £3.5 million investment

Capitalise.com, the FCA regulated financial marketplace for accountants today announces a £3.5m Series A investment round.

/Accounting

PrePay Solutions powers Countingup app

PrePay Solutions (PPS), subsidiary of Edenred the world’s leading corporate payments organisation, is supporting Countingup to become the first mobile bank in the UK to offer invoicing and expense tools.

/Accounting

FreeAgent to offer accounting software feed through Open Banking

Innovative fintech company FreeAgent has become the first UK accounting software to offer direct bank feeds via the Open Banking platform - giving customers even greater security and visibility over their business finances.

/payments

Yooz arrives in the UK

Yooz, an international provider of intelligent P2P software, today announces the launch of its automated, cloud-based accounts payable (AP) solution in the UK.

Wirecard rebutts allegations of internal fraud after share price plunge

/Accounting

Wirecard rebutts allegations of internal fraud after share price plunge

German payments enabler Wirecard has hit back at allegations in the Financial Times of false accounting at the company, a claim which resulted in a 25% plunge in the company's share price.

/payments

Cbus Super selects Valta accounts payable platform

One of Australia’s largest super funds, Cbus Super (Cbus), has chosen financial process automation experts, Valta Technology Group (Valtatech), to implement, integrate and manage a Source to Pay solution to drive automation across its accounts payable, financial and procurement process functions.

/startups

Coconut launches limited company current accounts and invoicing product

Coconut, the current account combining banking and accounting, today launches its new limited company current accounts and invoicing tool.

/Accounting

Xero scores API integration deals with OCBC and Nets

Xero, the global small business platform, today announced API-driven integrations with OCBC, NETS and Alternative Lenders at the Xero Roadshow Asia, driving business transformations by first revolutionising cash flow management for small businesses.

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