Accounting

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Sequoia makes €15 million investment in Pennylane

/startups

Sequoia makes €15 million investment in Pennylane

French fintech startup Pennylane has secured €15 million in funding to grow its array of bookeeping and financial management tools.

LemonEdge raises $2.5m to digitise accounting for PE industry

/startups

LemonEdge raises $2.5m to digitise accounting for PE industry

LemonEdge, a London-based startup that helps firms in the private equity and financial services industries digitise complex accounting, has raised $3.5 million.

Factoring of the Future - Why Factors need to look to the Cloud

/Accounting

Factoring of the Future - Why Factors need to look to the Cloud

253 downloads

ClearBooks joins new Revolut-built embedded finance marketplace

/payments

ClearBooks joins new Revolut-built embedded finance marketplace

Accounting software provider ClearBooks is to be the first third party application to join a new business marketplace built by Revolut to house apps embedded with its own financial services capabilities.

Sustainable Finance Live: How to value nature and better assess financial risk

/sustainable

Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services.

/wholesale

Tide teams up with Sage to streamline SME tax and accounting

Tide, the UK’s leading business financial platform[1] and Sage, the market leader in cloud business management solutions today announced a new partnership, offering an integrated banking and accounting product for Tide members.

/startups

Bill.com acquires expense management software provider Divvy

Bill.com, a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today it has entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5 billion. Divvy is a leader in spend management that modernizes finance for business by combining expense management software and smart corporate cards into a single platform.

/startups

Railz raises $12m

Railz, developer of an API that enables financial institutions and fintechs real-time access to their customers’ accounting data, has raised $12 million (USD) in a Series A round of funding.

/wholesale

PPS and Talenom join forces to provide banking software with accounting services

PPS, formerly PrePay Solutions and an Edenred company, today announces new partnership with leading Finnish accounting company, Talenom.

/wholesale

Taulia to expand into supply chain inventory management

Taulia, the leading fintech provider of working capital solutions, has today announced it is expanding its offering to include inventory management. This key development will enable Taulia to provide its global customer base with solutions that cover all three areas of the cash conversion cycle: payables, receivables and inventory.

/retail

Cash Software picks ibanXS as PSD2 Open Banking platform

Dutch accounting software company “Cash Software”, part of the Visma group, has chosen ibanXS as their pan-European PSD2 / Open Banking platform.

HSBC launches mobile business bank for UK SMEs

/payments

HSBC launches mobile business bank for UK SMEs

HSBC has launched a mobile banking offshoot, Kinetic, to cater to the needs of the UK business community.

/wholesale

TD Bank joins $25 million funding round in Autobooks

Autobooks, the small business payment and accounting services platform, today announced that they have raised $25 million in Series B financing, led by MissionOG.

/people

Clearwater Analytics adds Jacques Aigrain to board

Clearwater Analytics, an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today that it has appointed global industry veteran, Mr. Jacques Aigrain, to its Board of Directors.

/startups

Monite raises €1.1M to automate admin and accounting for SMEs

Monite launches a finance management platform that automates the admin and accounting processes for SMEs and announces it has raised €1.1M in pre-seed funding.

Countingup raises £9.1m

/startups

Countingup raises £9.1m

Countingup, a London-based startup offering users a business current account with built-in accounting software, has closed a £9.1 million Series A investment round led by Framework Venture Partners.

Intuit Quickbooks taps Modulr to power SME digital payments account

/startups

Intuit Quickbooks taps Modulr to power SME digital payments account

Intuit Quickbooks has picked UK payments-as-a-service platform Modulr to power a new digital payment account for small businesses.

/retail

FreshBooks chooses Salt Edge to bring digital makeover to accounting via open banking

FreshBooks, a leading accounting software available in over 160 countries, joined forces with Salt Edge, a pioneer in developing open banking solutions, to help their growing EU client base in managing business finance processes easier.

/startups

Receipt Bank rebrands as Dext

From today Receipt Bank is now part of Dext, and Dext is so much more.

Aussie business finance startup Thrive hits $2 million crowdfund target in two days

/startups

Aussie business finance startup Thrive hits $2 million crowdfund target in two days

Thrive, an Australian fintech startup that provides tools for automating financial admin for small businesses, has raised $2 million in under two days in a record-breaking crowdfunding campaign.

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