Connect with us

News

FINTECH FIRM COUNTINGUP OPENS NEW CARDIFF OFFICE

Countingup, the UK’s number one small business banking and accounting app, has announced it is opening a new office on Cathedral Road.

Countingup will focus on providing account management and out-of-hours customer support from the new Cardiff base.  The account management team has already seen several team members join with recruitment currently underway for the customer support team.

The office came about following an initial approach from Cardiff City Council who are targeting leading technology companies who are growing rapidly.

Councillor Russell Goodway Cabinet Member for Investment and Development at Cardiff Council said: “Cardiff is one of the top cities in the UK for business growth. Countingup with its innovative business model and a strong focus on micro-businesses and entrepreneurs should help to foster and maintain this growth. We are delighted to welcome such a dynamic company to the city and I am pleased my team were able to work with Countingup and encourage them to invest in our Capital city.”

Countingup already has more than 15,000 small business customers and around 625 accountancy practice partners.  It is focused on making business banking and accounting easier for small businesses across Cardiff and the rest of the UK, thereby freeing up their time to focus on their core business, while also helping accountants with micro-business clients.

Andrew Garvey, the Chief Commercial Officer at Countingup, said:  “Cardiff is a growth hub for small, fast-growing micro-businesses and also has a great reputation for financial services”.

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

KASHFLOW AND YAPILY PARTNER TO SUPPORT SMES WITH DIGITAL BOOKKEEPING AND CASH FLOW MANAGEMENT

  • KashFlow continues its mission to provide SMEs and accountancy firms with software that keeps bookkeeping easy to understand and even easier to manage
  • Powered by Yapily, KashFlow will simplify bookkeeping and provide customers with one single source of truth when it comes to their financials; so they can focus on growing their business instead of complex bookkeeping
  • Yapily’s open banking API enables KashFlow customers to connect and access bank account information in near real-time, reducing the time spent on reconciliation

 

KashFlow, by IRIS Software Group, is today announcing it is working with leading enterprise connectivity platform YapilyThe partnership will enable KashFlow customers to gain real-time insight into their cash flow and provide them with a frictionless end-to-end bookkeeping service.

Running a small business is complicated, even before adding the effects of Covid-19 and Brexit into the mix. Business leaders need to be more flexible and adaptable than ever before. Not only enabling their staff to work flexibly, but also in terms of ensuring the critical, but often mundane, aspects of running a business are properly managed during these difficult times. The time for manual bookkeeping processes has gone.

Through partnering with Yapily, KashFlow customers can connect and extract account information all from within the KashFlow portal – providing them with one single source of truth about their business’ financial health. This removes the friction and inefficiencies involved with manual bookkeeping and provides customers with the insight they need to move forward with confidence into the year ahead.

Typically, bookkeeping has been a manual, tedious, but essential, task for business owners.The integration of Yapily’s open banking API enables KashFlow to improve its SME customers’ experience by removing the friction, which speeds up critical processes such as invoicing, reconciliation and payroll. With these critical, but historically complicated, tasks taken care of, business owners are free to focus on what they do best – growing their business.

 

JF Sullivan, Chief Product Officer for IRIS Software Group says, “By partnering with Yapily, our customers now have a far more efficient and secure way to manage their cash flow – which is of utmost importance in this current landscape of uncertainty.

“Yapily’s core infrastructure means KashFlow customers can now control their controllables with ease. Getting a single source of truth about their financial health so they know best how to prepare for what’s ahead. They can now move forward with confidence – and thrive – in the next normal.”

 

Stefano Vaccino, Chief Executive Officer for Yapily says, “Leveraging our technical expertise, we’ve been able to provide KashFlow’s customers – a large number of which are SMEs, critical to the UK economy’s recovery – with a better customer experience and crucial insight into their financial positions. Something that is needed now more than ever with the UK in a second national lockdown.

“Through partnering with KashFlow, we’re continuing our mission to expand the reach of open banking and bring its benefits to all small businesses. We believe open banking enables fairer and better financial services for everyone. We look forward to developing our partnership with KashFlow and IRIS Software Group to fuel greater financial accessibility for their customers.”

KashFlow, by IRIS Software Group, is an innovative online bookkeeping and payroll solution. It provides intuitive cloud-based accounting software for accountancy firms and SMEs, saving business owners both time and effort by letting them manage accounts anytime, anywhere.

The new collaboration further consolidates Yapily’s position as the backbone of open banking and the infrastructure that partners need to take advantage of its benefits.

 

Continue Reading

News

VIVA WALLET SUPPORTS E-COMMERCE GROWTH THROUGH ITS MARKETPLACE SOLUTION

Viva Wallet’s PSD2-compliant payment solution for online marketplaces removes the requirement for them to become licensed providers of regulated payment services. Viva Wallet is able to handle the streamlined processing of customer transactions through a PSD2-compliant escrow account that sits under Viva Wallet’s license.

 

The rapid rise of online marketplace platforms across Europe, which act as an intermediary for buyers and sellers, has dramatically changed how consumers order takeaway food, call a taxi, rent a room, and so much more. The global pandemic has made marketplace payment solutions even more of a priority for businesses looking to maintain and grow across digital platforms, as customers seek out ways to shop and pay hygienically and friction free. A recent study by Neilsen found that 44% of global consumers now shop online at least once a week, compared to only 9% before the pandemic.i

 

The Viva Wallet solution enables such transactions to be fully PSD2-compliant while ensuring that sellers/resellers using online marketplaces are paid quickly, safely, and transparently. At the same time, Viva Wallet offers APIs for acquiring, issuing and transfers, to improve overall compliance and platform growth.

 

In the era of open banking, integrating a Viva Wallet API on marketplace platforms also offers next-day payment settlements for all sellers, instant commission pay-outs for marketplace owners, as well as customizable checkout systems and payment pipelines, making Viva Wallet’s marketplace solution a particularly easy one to use for sellers and marketplace owners alike.

 

Continue Reading

Magazine

Trending

Business14 hours ago

GOING GLOBAL: 7 TIPS TO GET STARTED

The idea of selling your products or services to new markets across the globe is an attractive prospect for any...

News14 hours ago

KASHFLOW AND YAPILY PARTNER TO SUPPORT SMES WITH DIGITAL BOOKKEEPING AND CASH FLOW MANAGEMENT

KashFlow continues its mission to provide SMEs and accountancy firms with software that keeps bookkeeping easy to understand and even...

Top 1014 hours ago

WHY HIGH NET WORTHS SHOULD BE LOOKING AT ANGEL INVESTING IN A NEGATIVE INTEREST RATE ENVIRONMENT

By Oliver Woolley, Envestors   As England gets through its second lockdown, Bank of England policymakers report the UK we...

News15 hours ago

VIVA WALLET SUPPORTS E-COMMERCE GROWTH THROUGH ITS MARKETPLACE SOLUTION

Viva Wallet’s PSD2-compliant payment solution for online marketplaces removes the requirement for them to become licensed providers of regulated payment services. Viva Wallet is able to handle the streamlined processing of customer transactions through a PSD2-compliant escrow account...

Banking15 hours ago

REDUCING FRICTION ONLINE HAS BECOME BUSINESS CRITICAL

Andrew Shikiar, Executive Director at the FIDO Alliance   The global pandemic has pushed the importance of remote access and authentication...

Wealth Management1 day ago

QUICK FIXES TO LOWER YOUR CAR INSURANCE

Car insurance is something we all have to pay for, no matter how much we despise it. However, it’s not...

Uncategorized1 day ago

ALL-SEASON TYRES AND HOW TECHNOLOGY IS CHANGING THE FUTURE OF TRANSPORT

Avid vehicle enthusiasts will likely know that summer and winter tyres are developed from different rubber compounds which work at...

Business1 day ago

EQUIPPING YOUR TEAM WITH THE SKILLS TO MANAGE THE CHANGING LANDSCAPE

By David Wharram, CEO of Coast Digital   For businesses to emerge from the COVID-19 pandemic stronger than ever, companies...

Banking2 days ago

BANKING ON THE FUTURE: WHY PAYMENTS TRANSFORMATION IS THE KEY TO SUCCESS

Simon Wilson, Co-Head, Payments at Icon Solutions   Standardisation, regulation and technological innovation means payments are well on the way...

Finance2 days ago

DIGITAL FINANCE: UNLOCKING NEW CAPITAL IN DISRUPTED MARKETS

Krishnan Raghunathan, Head of Finance & Accounting Services at WNS, explores how a digitally transformed finance department can give enterprises...

Technology2 days ago

DATA DILEMMAS IMPACTING ESGS

Mario Mantrisi, Chief Strategy and Knowledge Officer, Kneip   It’s been well documented over the past few months that the...

Technology5 days ago

SIX PILLARS FOR A SUCCESSFUL CLOUD

by Giuseppe Paternò, IT Infrastructure Architect, Security Expert, and Cloud Solution Guru   COVID-19 pandemic is pushing many companies to...

News5 days ago

MARQETA CONTINUES EUROPEAN GROWTH, SIGNING THREE NEW DIGITAL BANKING CUSTOMERS

Marqeta is supporting the development and launch of three new digital banks across the UK and Europe   Marqeta, the...

Technology5 days ago

TECHNOLOGY IS OUR FIRST DEFENCE AGAINST MONEY LAUNDERING

Jesse Chenard, CEO of MonetaGo Fraud is an age-old problem that has plagued every industry since businesses began trading. It...

News5 days ago

STOCARD BUILDS ON SUCCESS AS IT EXPANDS STOCARD PAY TO FOUR MORE EUROPEAN COUNTRIES

Stocard, the leading European mobile wallet with over 50 million users, launches its payment functionality, Stocard Pay, in Germany, France,...

Business5 days ago

3 KEY DIGITAL MARKETING TRENDS FOR 2021

– Emma Digital marketing is an industry where the trends are changing on a daily basis, meaning those in the...

News5 days ago

SBER ANNOUNCES PARTICIPATION IN A PRIVATE EQUITY FUND

Sber in cooperation with a leading Middle East sovereign wealth fund announces its commitment as a cornerstone investor into an...

Wealth Management1 week ago

HOW INSURERS CAN KEEP UP WITH A NEW WAVE OF MILLENNIAL PET OWNERS

Chris Blatchly, Chief Digital Officer & Consulting Leader for Insurance, Cognizant   In the midst of COVID-19, puppies and kittens...

Banking1 week ago

ADVANTAGES OF OFFSHORE BANKS: WHAT THEY HAVE TO OFFER MILLENIALS

Contrary to popular belief, offshore banking isn’t just for the super-rich, nor is it illegal. In reality, and with professional...

Business1 week ago

A GUIDE TO LLC TAXES FOR SMALL BUSINESSES

By Tricia Joyce   Starting a small business can be an exciting, if sometimes stressful, journey. While finally being able...

Trending