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 account or credit card with 20 of the major high-street and challenger banks will be able to connect their accounts...
After the first round of winners was announced in the competition for shares of Royal Bank of Scotland funds, more players are joining the race. U.K. challenger bank Coconut announced Monday (April 1) it is throwing its hat in the ring to receive RBS funds...
Coconut, a U.K.-based challenger bank, is expanding its existing partnership with digital payments company PrePay Solutions (PPS) to add corporate accounting and invoicing to its platform. Together, the companies have introduced an automated tax and bookkeeping management solution for small businesses (SMBs) and sole traders using...
The EU’s PSD2 and Open Banking in the U.K. have shone a massive spotlight on the role of API technology in banking to open up competition in the market. They are instrumental to financial institutions’ adherence to new rules that require them to open up...
