Countingup focuses on providing financial and accounting solutions. The company offers a business current account integrated with accounting software, designed to automate bookkeeping and tax-related tasks for businesses. This service is primarily targeted towards small businesses, sole traders, and freelancers. It was founded in 2017 and is based in London, United Kingdom.
Expert Collections containing Countingup
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Countingup is included in 3 Expert Collections, including SMB Fintech.
Gig Economy Value Chain
Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry
Excludes US-based companies
Latest Countingup News
Sep 20, 2023
Countingup , the business account that automates accounting and tax, has announced the appointment of Tom Platt as Chief Executive Officer, starting November 1st, 2023. With Countingup’s simple app, customers can open a business account in minutes and benefit from automated bookkeeping, real-time tax estimates, live reports including profit & loss, and even create and manage invoices. In his role, Tom will accelerate growth and guide the Countingup product offering, while fostering an engaging and inclusive working environment. He succeeds founder Tim Fouracre, who continues as a board director. Tom joins from TotallyMoney, where as Chief Operating Officer he helped the purpose-led fintech launch a category-leading consumer finance app, secure successive rounds of funding, and scale to more than five million customers in the UK. In previous roles at Barclays, Business Banking Innovation, Tom delivered a wide range of digital products for SMEs, and as Commercial Director at BCSG, he drove the business to become a global leading provider of SaaS applications to the SME customers of banks and telcos. “I’m excited to be joining Countingup as CEO and building on the impressive growth trajectory while delivering an even better service to even more small businesses.” “Small businesses are the backbone of the economy, and last year the UKs five million micro businesses generated over £800bn in turnover. However, it can be extremely difficult for them to focus on the day-to-day operations, when also playing the roles of finance, accountant, and tax-expert.” “Countingup understands these challenges, and its mission, ‘to make it easier to run a small business’ means creating a world where the owners are free to do what they do best. The unique proposition delivers an integrated, end-to-end financial management app which helps people save time, manage their money, and make better business decisions.” “In a competitive environment the Countingup team and the Board have built a brilliant product with huge potential — and I’m looking forward to joining them and leading the business on the next step of its journey.” Countingup Board Director, Tim Fouracre added: “I first worked with Tom a decade ago when we tried to stitch banking and accounting together in our pre-fintech careers. I am delighted this has come full circle and Tom is now picking up the reins to drive Countingup forward on our next stage of growth.”On the appointment, Frederic Hofmann Co-Head at ING Ventures (and Countingup Board Director) commented: “After an extensive search, the Board is pleased to announce Tom Platt as the CEO of Countingup”. “Tom has a genuine understanding of how to meet the needs of small businesses and the self-employed, while his 20 years of experience connects the dots between banking, finance, and technology. In addition, his strong background in leadership, and proven track record of growing successful businesses makes him a great fit for Countingup.” “As such, we believe that Tom will take the business to new heights, delivering value and success for shareholders, the team and most importantly our customers.” People In This Post Fintech Fintech News News News
Countingup Frequently Asked Questions (FAQ)
When was Countingup founded?
Countingup was founded in 2017.
Where is Countingup's headquarters?
Countingup's headquarters is located at 20-22 Wenlock Road, London.
What is Countingup's latest funding round?
Countingup's latest funding round is Series A.
How much did Countingup raise?
Countingup raised a total of $21.36M.
Who are the investors of Countingup?
Investors of Countingup include Sage, Framework Venture Partners, Gresham House Ventures, CVentures, ING and 11 more.
Who are Countingup's competitors?
Competitors of Countingup include Glean AI, Qonto, Soldo, Tide, Lili and 7 more.
Compare Countingup to Competitors
Lili focuses on providing business finance solutions. The company offers a range of services including business banking, smart bookkeeping, invoice and payment management, and tax planning tools. It primarily serves the fintech industry. The company was founded in 2018 and is based in New York, New York.
Finom provides an online payment solution. It offers physical and virtual cards, invoicing, and expense management solutions for entrepreneurs, self-employed, and freelancers. The company was founded in 2019 and is based in Amsterdam, Netherlands.
Spendesk provides corporate spending solutions to control and manage payments. It offers a dashboard to track budgets, receipts, and expense approvals and offers company cards with built-in controls. The company was founded in 2016 and is based in Paris, France.
Karat operates as a company providing digital financial cards. The company's cards use an algorithm that considers both an applicant's financial and social statistics, including reach, engagement, and recent earnings to generate credit limits and customized rewards and perks. It also provides monthly bookkeeping, financial reports, tax strategy sessions, and more. It primarily serves the financial technology sector. The company was founded in 2019 and is based in Los Angeles, California.
Revolut operates as a financial technology company. It offers a range of financial services including money transfers, currency exchange, and account management. Its products are designed to improve financial health, provide more control, and connect people seamlessly across the world. The company was founded in 2015 and is based in London, United Kingdom.
Oxygen operates as an online financial platform. It allows users to manage everyday expenses on the Oxygen Visa debit card and access a line of credit. It offers cashback, savings, digital payments, and more. It was founded in 2017 and is based in San Francisco, California.