4 years ago
Countingup Raises €10.5 Million to Expand Business Current Account with Built-in Accounting Software
Countingup, a UK-based fintech company offering a business current account with built-in accounting software, has secured €10.5 million in Series A funding led by Framework Venture Partners
The round also included participation from Gresham House Ventures, Sage, and existing investors
The funding will be used to drive product innovation, growth, and team expansion
Countingup's app simplifies bookkeeping and taxes for the self-employed and accountants, automating time-consuming tasks and encouraging good recordkeeping
The company plans to launch a digital tax filing service to help small businesses comply with new Making Tax Digital regulations.
ProblemFinancial Services
"doing bookkeeping and taxes"
Solution
"a business current account with built-in accounting software"