Open banking will rival the spreadsheet in accountancy, says roundtable
“It will give firms what they’ve longed for – real-time understanding of the figures.”
FreeAgent
UK SMEs chasing £50bn in late payments, fintech opportunity ripe
SMEs are on average chasing five outstanding invoices at any one time.
Majority of UK SMBs consider late payments “corporate crime”
55% put the ‘crime’ on a par with fraud.
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Partnership between Starling and FreeAgent takes flight
Aims to cut time spent on small business admin tasks.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
RBS acquires FreeAgent
The deal values cloud accounting firm FreeAgent at $75 million (£53 million).
