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SME Cash Management Startups Grab $93M In Funding

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Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. SME Accounting. FreshBooks.

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. However, don't undervalue the significance of comprehending finance for your startup's survival. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting.

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French Startup Qonto Secures Funding To Disrupt Biz Banking

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16) said Qonto secured $1.7 million from Valar Ventures and Alven Capital, a sign of support for the startup’s corporate banking solution. According to TechCrunch , Qonto has identified critical issues in business banking, most notably the cost of a corporate banking account. Reports Monday (Jan.

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Top News In Payments: Brex Unveils Management Account; Saga Teams With Marcus For Savings Accounts

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Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex Launches Brex Cash To Replace Biz Bank Accounts. Goldman Beefs Up Marcus Savings Offerings.

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Traditional FIs Drive Modernization Through FinTech Pairings

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In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

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Countingup Lands $750K For Entrepreneur Banking, Accounting Tool

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Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. We’re doing that by combining accounting and banking into one simple smartphone app.”. later this year. later this year.

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Robotics Process Automation Rakes In The VC Cash

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RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Another nine-digit investment round was landed by a startup this week.