Accounting

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Indian neobank Open hits unicorn status

/retail

Indian neobank Open hits unicorn status

Indian neobank Open has become a unicorn after securing $50 million in a Series D funding round led by investment firm IIFL.

/wholesale

Capitalise joins the Xero App Store

Capitalise, the platform that gives businesses and their advisers transparency and control over business finance in one place, has today announced a new integration with global small business platform, Xero.

/wholesale

SME back office automation platform Finally raises $95 million

Finally, the fintech startup whose mission is to help small businesses automate their accounting and finance functions, today announced a $95 million Series A, including both equity and debt.

/wholesale

Codat unveils Sync for Commerce API

Codat, the universal API for small business data, today announced the launch of Sync for Commerce, which will automatically synchronize sales data with accounting platforms.

Hubuc raises $10m for 'AWS of embedded finance'

/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

Barcelona-based Hubuc has become the latest embedded finance player to raise funding, closing a $10 million seed round co-led by WndrCo and Runa Capital.

/retail

Accounting app Binderr taps into Nordigen’s open banking platform

Accounting app Binderr has tapped into Nordigen’s freemium open banking platform to gain account information for their client operations.

Nomo adds current account to SME fintech app

/startups

Nomo adds current account to SME fintech app

Nomo, the Banco Sabadell-backed fintech platform for the self-employed and SMEs, is adding a current account and virtual card to its offering.

Monite raises $5m for embedded finance platform

/startups

Monite raises $5m for embedded finance platform

Embedded finance automation platform Monite has raised $5 million in a round led by Point72 Ventures and joined by a host of high-profile angel investors.

/wholesale

Denmark's Ageras raises EUR30m

The Ageras Group announced today that it closed a €30-million ($34-million) round raised from a group of European and American investors.

/startups

LemonEdge seals $4 million funding round led by Blackstone

LemonEdge, a modern, low-code accounting platform powering the private capital industry, has completed a $4 million funding round, led by Blackstone Innovation Investments with participation from existing investors, including Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market technologies) and Tikhon Bernstam (founder of Parse and Scribd).

/startups

Contract automation platform Juro raising $23m in Series B funding

Juro, the contract automation platform, has raised $23m in Series B funding, increasing its market valuation by more than five times.

/payments

CHK partners with Nordigen to deliver account reconciliation

Free open banking platform Nordigen has entered into a partnership with CH Konsultatsioonid on their accounting solution Trigon to deliver financial data directly into the application and simplify the reconciliation process.

/people

Tiku Patel joins Tesco Bank board

Tesco Bank has today unveiled its board's new independent non-executive director, Tiku Patel – CEO of private equity owned technology and analytics driven motor finance provider, Blue Motor Finance.

/regulation

Viola Money enters administration

On 21 December 2021, a special administration order was made by the Court, in relation to Viola Money (Europe) Limited, under the 2021 Payment and Electronic Money Institution Insolvency Regulations.

The Future of Digital Banking in Asia 2022

/Accounting

The Future of Digital Banking in Asia 2022

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Israeli fintech Tipalti sees valuation exceed $8bn

/payments

Israeli fintech Tipalti sees valuation exceed $8bn

Tipalti, a provider of AI-powered commercial payments and accounting services, has completed a series F funding round that has seen its valuation reach $8.3 billion.

/wholesale

Starling launches accounting software integration with Xero for its multi-currency business accounts

If you run a UK business and regularly need to send, receive or hold euros or dollars, Starling’s multi-currency accounts could save you time, money and stress.

/payments

YayPay by Quadient partners Flywire

Quadient, and Flywire Corporation (Flywire) today announced a new strategic collaboration to automate and digitize business-to-business (B2B) payments globally. As a result of the partnership, Quadient’s cloud-based accounts receivable (AR) management and automation solution, YayPay by Quadient, will extend Flywire’s digital payment solutions to its global B2B clients.

/wholesale

Intuit introduces Money by QuickBooks

Intuit (Nasdaq: INTU) today announced Money by QuickBooks, the latest addition to a comprehensive and ever-expanding suite of QuickBooks offerings that power small businesses with the ability to get paid and manage their cash flow.

/retail

Envestnet | Yodlee connects with Intuit QuickBooks

Envestnet | Yodlee, a leading data aggregation and analytics platform for financial services, and Intuit QuickBooks, the global leading provider of financial planning and accounting software, have formed a collaboration to provide aggregated financial data and information to small businesses in multiple countries around the world, helping the financial management software company expand into new territories internationally.

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