Countingup fintech secures GDP 4 mln from ING

Thursday 7 May 2020 14:10 CET | News

UK-based financial platform Countingup has raised GDP 4 million from ING to accelerate banking and accounting for small businesses.

Small businesses can open a Countingup business current account on their smartphone to access both banking and accounting features. Furthermore, Countingup has recently launched its Accountant Hub, a web-based accounting system that helps accountants manage and collaborate with their SME clients. 

Countingup’s solution becomes even more relevant in the digital world with HMRC’s Making Tax Digital (MTD) initiative. In the future, MTD will require that businesses keep digital records and submit quarterly tax filings. The funds will be used to accelerate the banking and accounting roadmap to digitally run a small business, according to the official press release.

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Keywords: Countingup, ING, banking, small businesses, Accountant Hub, SME, HMRC, Making Tax Digital, MTD
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech