Accounting

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/wholesale

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.

/retail

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

/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.

Greenly launches climate rating system to ensure decarbonisation transparency

/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.

/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.

/wholesale

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.

/retail

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.

/payments

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

/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.

/wholesale

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.

/wholesale

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

/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.

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

/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.

/payments

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.

/startups

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.

/retail

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

UK small businesses embrace open banking

/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.

/retail

Tide hits 500k UK member milestone

Tide, the leading digital business financial platform, has reached 500,000 members in the UK - a significant milestone that means almost one in 10 small businesses now use its services.

Monite doubles seed round to $10m

/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.

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