PYMNTS-MonitorEdge-May-2024

bookkeeping

Coconut Connects With UK SMB Bank Accounts
Coconut Connects With UK SMB Bank Accounts
October 28, 2019  |  B2B Payments

Smart accounting app Coconut aims to automate bookkeeping for self-employed and small businesses (SMBs) around the U.K. Starting next month, customers that have a current...

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Authorities Demand Accounting Details From Germany’s Wirecard 
Authorities Demand Accounting Details From Germany’s Wirecard 
October 17, 2019  |  Security & Fraud

After trying to discredit a report about its dodgy accounting practices, Germany-based Wirecard is facing demands from analysts for comprehensive information about its bookkeeping practices,...

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OkCredit Lands VC To Digitize India SMB Bookkeeping
OkCredit Lands VC To Digitize India SMB Bookkeeping
September 16, 2019  |  Investments

Banglaore-based startup OkCredit revealed that it has raised $67 million in a Series B financing round. The round was led by Lightspeed and Tiger Global,...

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Santander Adds Trade Finance To SMB Mobile App Asto
Santander Adds Trade Finance To SMB Mobile App Asto
May 06, 2019  |  B2B Payments

Asto, the U.K.-based mobile app that provides small businesses (SMBs) and entrepreneurs with bookkeeping solutions, is adding trade finance to its list of offerings. Owned...

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Bookkeeping Startup Pilot Lands $40M From Stripe, Index Ventures
Bookkeeping Startup Pilot Lands $40M From Stripe, Index Ventures
April 19, 2019  |  Startups

Bookkeeping startup Pilot announced it has closed on a $40 million Series B round led by Index Ventures with participation from Stripe. The round values Pilot...

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Pilot’s Human/Tech Combo Takes On SMB Back-Office Frictions
Pilot’s Human/Tech Combo Takes On SMB Back-Office Frictions
April 17, 2019  |  B2B Payments

Multinational conglomerates, mom-and-pops, sole traders — businesses of all sizes across all industries must manage the books. More often than not, accounting and bookkeeping are...

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Small Businesses At The Center Of Bots Vs Accountants
Small Businesses At The Center Of Bots Vs Accountants
January 09, 2019  |  B2B Payments

Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence (AI), even regulatory...

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Young SMB Owners: Bigger Goals, But Less Clarity On Finances
Young SMB Owners: Bigger Goals, But Less Clarity On Finances
December 18, 2018  |  B2B Payments

When considering the differences across age groups of entrepreneurs, digitization and technology adoption often come to mind first, with younger small business (SMB) owners typically...

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Bench Lands $18M For AI-Infused SMB Bookkeeping
Bench Lands $18M For AI-Infused SMB Bookkeeping
February 01, 2018  |  B2B Payments

Small and medium-sized business (SMB) bookkeeping startup Bench secured $18 million in venture capital, the company announced Wednesday (Jan. 31). In a press release, Bench...

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