Tagged: accounting

Business Finances Management App Coconut Integrates with Tide, Transferwise, Tesco Bank, Virgin Money

Sam O’Connor, the CEO at Coconut, a company that provides a tool for self-employed individuals that helps them manage their business finances, has confirmed that their platform now connects with Tide, Transferwise, Tesco Bank and Virgin Money. O’Connor noted that they’ve added four more banking… Read More

Metro Bank Announces Accounting Software Partnership With Clear Books

UK-based banking group and lender Metro Bank announced on Friday it has formed a partnership with Clear Books to offer account software with free bank feeds and exclusive discounts to the bank’s small business customers. Metro Bank reported that the integration provides its customers with… Read More

TD Bank Unleashes TD Online Accounting to Provide Payment Services to Small Businesses

U.S. banking group TD Bank announced on Monday it has launched TD Online Accounting to provide integrated payment and accounting product for its small business customers. TD Bank reported that TD Online Accounting uses the technology of Autobooks, an integrated accounting and receivables platform that allows… Read More

Update: Coconut Set to Close Crowdcube Round With More Than £2 Million Raised

Current accounting and tax platform Coconut is set to close its latest equity crowdfunding campaign on Crowdcube with more than £2 million secured. The funding round was launched last month, originally seeking £700,000 in funding. As previously reported, Coconut describes itself as a current account that… Read More

Update: Coconut’s Latest Crowdcube Round Surpasses £1.15 Million in Less Than a Week

Just days after launching its latest equity crowdfunding campaign on Crowdcube, current accounting and tax platform Coconut has successfully raised more than 1.15 million from over 1360 Crowdcube investors. As previously reported, Coconut describes itself as a current account that takes care of a user’s accounting and… Read More

Financial Management Software Provider Wave Financial Introduces Banking, Bookeeping Solution for SMBs

Canada based Wave Financial, an established provider of financial management software for small business owners and entrepreneurs, has introduced Wave Money, a banking and bookkeeping solution for small companies. Wave Money doesn’t require users to pay banking fees. It has a built-in bookkeeping feature and… Read More

Overfunding: Current Accounting Platform Coconut Returns to Crowdcube & Quickly Surpasses £700,000 Funding Target

Less than two years after raising £1.8 million through its first equity crowdfunding campaign on Crowdcube, UK-based current accounting and tax platform Coconut has returned to the funding platform and has already surpassed its initial £700,000 target. As previously reported, Coconut describes itself as a current account… Read More

Salt Edge Assists Simplifi to Accelerate Accounting Services Through Open Banking

Photo courtest velkr0 on Flickr: http://www.flickr.com/photos/velkr0/

Simplifi-HQ, an online accounting service provider based in New Zealand, has teamed up with open banking provider Salt Edge to speed-up and digitize its software package by accessing financial data of their clients directly from the bank. Salt Edge claims that the partnership allows Simplifi… Read More

Accounting Firm RSM Names Lukka Preferred Provider for Crypto Tax Software Solutions

Lukka, a blockchain software and data services company, announced on Friday it has been selected by RSM, a provider of audit, tax and accounting services focused on the middle market, to provide crypto tax software solutions to the firm’s tax clients. Through the partnership, Lukka… Read More

Pennsylvania-based Fintech KnowLedger to Facilitate Migration of Financial Data for Family Offices

Pennsylvania-headquartered Fintech KnowLedger has confirmed that it will facilitate the migration of financial data for family offices. KnowLedger was recently established by Ryan Kerry, the firm’s co-founder and CEO, after the acquisition of his previous company, Accusource to STP Investment Services. Kerry stated: “If you… Read More

DBL Digital Announces Bitcoin Managed Account Program; Now Offering New Cryptocurrency Investment Option

DBL Digital, a division of DrawBridge Lending, announced on Monday the launch of its Bitcoin Managed Account Program (MAP) for individual and institutional investors. According to DBL Digital, the program provides investors with exposure to the Crypto market in a risk-mitigated fashion, although virtual currency… Read More

Starling Bank Adds Accounting Software Intuit Quickbooks to Business Marketplace

UK-based digital banking platform Starling Bank announced on Wednesday it has expanded its business Marketplace with the addition of cloud-based accounting software provider Intuit QuickBooks. The service will give the bank’s 90,000 business customers a link between their bank account activity and their accounting package…. Read More

International Standards Body Says Cryptocurrency Holdings Are Not Cash, But May Qualify As Intangible Asset

Cryptocurrency holdings are not considered cash, however, they may be classified as an intangible asset, according to the Korea Accounting Institute, which referenced decisions made following a conference in London (in June) by the International Financial Reporting Interpretations Committee (IFRIC). London-headquartered IFRIC, a global accounting… Read More

How Do You Account for That? The IFRS to Address Accounting for Cryptocurrency in Meeting Next Week

The IFRS (International Financial Reporting Standards Foundation) has been ruminating on the challenges of accounting for cryptocurrency for some time now. Next week (June 11-12), the IFRS Interpretations Committee will be holding a meeting in London with crypto on the agenda listed as one of… Read More

Update: Coconut’s Equity Crowdfunding Round Secures More Than £1.3 Million During the Final Days on Crowdcube

UK-based current accounting and tax platform Coconut has successfully secured more than £1.3 million through its equity crowdfunding campaign on Crowdcube, which is set to close next week. The funding round has attracted more than 1,500 investors. As previously reported, Coconut describes itself as a current account that takes… Read More

Update: Coconut Surpasses £1 Million Through Crowdcube Round

UK-based current accounting and tax platform Coconut has successfully secured more than £1 million in funding from over 1,000 investors through its equity crowdfunding round on Crowdcube. The campaign was launched earlier this month and quickly raised its initial £500,000 funding target.  As previously reported, Coconut describes… Read More

Accounting & Tax Platform Coconut Quickly Secures £500,000 Funding Target on Crowdcube

UK-based current accounting and tax platform Coconut has quickly secured its initial £500,000 funding target through equity crowdfunding platform, Crowdcube. Founded in 2016, Coconut describes itself as a current account that takes care of a user’s accounting and tax. The platform is designed specifically for freelancers,… Read More

Accounting Cloud Platform Senta Returns to Seedrs & Secures £390,000 Funding Target

Less than three years after raising £139,828 through its first Seedrs campaign, Senta, a cloud-based application that aids accounting firms, has returned to the equity crowdfunding platform and already securing its initial £390,000 funding target from more than 100 investors. Founded in 2014, The Senta platform is described as a service that… Read More

OnDeck Announces Accountant Advisor Program Expansion

Online lender to SMEs, OnDeck (NYSE:ONDK), announced on Tuesday it is expanding its Accountant Advisor Program after hiring of new accountant relationship managers in three locations: Louisville, Kentucky, Miami, Florida and Mobile, Alabama. According to OnDeck, the Accountant Advisor Program is a state-of-the-art referral platform helping accounting… Read More

Bond Street Partners with ICB: Making More Funding Available to Small Businesses

Money Benjamin Dollars 100

Bond Street, an online lending platform for small businesses, and ICB, the world’s largest bookkeeping membership organization, today announced a partnership to offer ICB USA members a “fast and affordable financing solution” for their clients, according to the release. The collaboration will enable ICB bookkeepers to… Read More

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