Accounting

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France Active goes live with Clearwater to streamline investment accounting

Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that France Active has gone live on the Clearwater platform after a five-month onboarding period, in order to simplify their investment accounting operations and centralize their accounting book of record.

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Allica Bank integrates with Sage and Xero accounting platforms

Allica Bank – the digital relationship bank especially for established businesses with 10 or more employees – has announced partnerships with leading accounting software platforms Sage and Xero.

Microsoft launches AI-powered Copilot for Finance

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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.

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Pennylane raises €40 million in Series C

Pennylane has raised €40M from Sequoia Capital and DST Global, reflecting very strong growth over the last two years.

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Intuit TurboTax integrates with Credit Karma and QuickBooks

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Credit Karma members and QuickBooks Online customers can prepare and file their 2023 taxes through TurboTax within the Credit Karma and QuickBooks Online product experiences.

AI fintech Black Ore emerges from stealth with $60m

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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.

Greenly launches climate rating system to ensure decarbonisation transparency

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Greenly launches climate rating system to ensure decarbonisation transparency

Carbon accounting platform Greenly has launched a climate rating system to monitor decarbonisation in companies.

/payments

Intuit introduces QuickBooks Bill Pay

Today, Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced a new solution fully integrated within Intuit QuickBooks that transforms bill pay for businesses and delivers accounts payable (AP) automation – QuickBooks Bill Pay.

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Swoop integrates with Sage

Swoop, a fintech company specialising in funding solutions and Sage, the leader in accounting, financial, HR, and payroll technology, are excited to announce their global partnership aimed at helping businesses and accountants access a wide range of funding opportunities.

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Countingup appointmentsTom Platt as CEO

Countingup, the business account that automates accounting and tax, has announced the appointment of Tom Platt as Chief Executive Officer, starting November 1st, 2023.

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Intuit introduces subscription-free QuickBooks Money

Intuit (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, today unveiled QuickBooks Money, a new all-in-one payments and banking solution with no monthly fees or minimum balance requirements that gives small businesses complete control of their money from anywhere.

Financial management platform for multi-entity businesses raises £5m

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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.

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Tide upgrades Sage accounting offer

Tide, the leading digital business financial platform, has today launched its improved Tide Accounting tool, powered by Sage, to help more small businesses meet their accounting needs directly from one place – their bank account.

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Trintech acquires financial reconciliation business from Fiserv

Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier Reconciliation and Accurate Reconciliation from Fiserv (NYSE: FI), a leading global provider of fintech and payments solutions.

Make carbon accounting as pervasive as financial accounting - Greenly

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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.

AmEx to debut on-demand virtual cards for expenses with PayEm integration

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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.

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Accounts payable fintech Stampli to grow Nashville workforce

Stampli, the A.I.-powered Accounts Payable (AP) solution, today announced that it will significantly increase its workforce in downtown Nashville, where the number of employees has already more than doubled in the past 18 months.

/startups

ESG accounting startup Omnevue secures $3.1 million in Seed funding

Omnevue (formerly ESGgen), the pioneering London-based software engine which provides audit-grade ESG accounting for companies, has raised $3.1 million in seed funding.

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SMB financial platform Vault launches in Canada

Vault, the all-in-one online financial platform for small-to-medium sized business (SMBs), announces its official launch and widespread availability across Canada.

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GoSimpleTax set to acquire Coconut

GoSimpleTax is set to acquire bookkeeping and accountant platform, Coconut, to create an end-to-end bookkeeping and filing solution for individuals and small businesses

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