accounting

A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to […]

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A startup from ex-Revolut employees uses AI to automate accounts — but hopes to keep accountants in jobs

Often successful startups can give rise to ‘startup mafias’ – groups of former founders who go on to create other startups. But at least as often, new startups can be founded by employees. In the case of LiveFlow, that’s exactly what happened — and it’s now raised $13.5 million. A few years ago, Anita Koimur

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Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others

Ask anyone who’s ever closed out the books at the end of the month, what that experience is like, and you’ll get a deep sigh that says, reconciliation is the bane of existence. That’s especially true for a business with hundreds, thousands or hundreds of thousands of transactions a month. Fragment is a startup that

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Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

A few years ago, you couldn’t go to a fintech meetup without ending up in a conversation about embedded finance. In 2020, we even wrote that embedded finance might represent fintech’s future. The distribution strategy lets fintech companies integrate their services into other products and services, which in turn gives users access to new features

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