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Businesses can now apply for a Monzo Business Account

Monzo has announced today that it is launching free and premium business accounts. From today, businesses can apply for a Monzo Business Account for £5 per month or a Business Lite account with no monthly fee.

Both Monzo accounts are full UK current accounts and it's regulated by all the same rules as high street banks. Furthermore, eligible deposits in Monzo are FSCS protected up to £85,000.

Tuesday, March 17, 2020 - 11:33

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Financial IT

Penta raises financing round at 18.5 Mio. Euro in first closing and wins new investors

Penta, the digital platform for business banking, raised 18.5 million Euro in the first closing of a new funding round backed by new and current investors.

Tuesday, March 17, 2020 - 10:16

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Financial IT

How Accounts Payable Automation is Changing the Business Landscape

An ever-growing number of regulations, such as Making Tax Digital, increasingly require companies to produce documents for which they can guarantee the integrity of content and information. Enabling archives with probative value is one of the greatest benefits of digital invoices and automation.

Leading this evolution, chartered accountants and auditors are particularly well positioned to observe the benefits of AP Automation, including significant reductions in errors, late payments and disputes, and therefore the time spent dealing with them.

Tuesday, March 17, 2020 - 10:08

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Goldbell Financial Services selects Mambu to power GEN investment platform

Goldbell Financial Services, one of Singapore’s leading business finance providers, has confirmed it will partner with Mambu, the market-leading pure SaaS banking platform, to power its private debt investment platform, the Goldbell Evolution Network, known as GEN.

Tuesday, March 17, 2020 - 09:25

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Financial IT

NexBotix launches to help businesses automate key processes and see benefits in as little as 30 days

NexBotix, the Robot-Process-Automation (RPA) service, has officially launched in the UK. With a managed dashboard solution applied to specific business objectives, it means that only the right processes are automated and ROI can be delivered in as little as 30 days.

Tuesday, March 17, 2020 - 09:16

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Financial IT

Coronavirus epidemic has not affected portfolios of P2P investors

While financial markets are experiencing instability due to the coronavirus epidemic, it seems that European P2P investors have not been affected by the situation. According to a poll of the P2P platform Robo.cash, 76.4% of them continue investing as before, without making any changes to their portfolios.

Tuesday, March 17, 2020 - 09:05

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Financial IT

James Hambro & Partners selects InvestCloud for digital transformation

Leading independent wealth management group James Hambro & Partners (JH&P) has selected global FinTech firm InvestCloud to support a digital transformation that will put it far ahead of most peers in the way it communicates to clients.

Tuesday, March 17, 2020 - 09:02

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Manish Dugar appointed as the Chief Financial Officer at Mphasis

Mphasis, global solutions provider specializing in cloud and cognitive services, announced the appointment of Manish Dugar as the Chief Financial Officer effective 15 May 2020. V Suryanarayanan will continue as the Chief Financial Officer until 14 May 2020, and will be available for transition support, until he retires in October 2020.

Tuesday, March 17, 2020 - 08:52

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Financial IT

Microsoft Artificial Intelligence Executive Sophia Velastegui Joins BlackLine Board Of Directors