Ember: Fintech Company Raises £5M
Ember, a London-based financial technology company, recently secured £5m in funding from investors including Valar Ventures, Viola Fintech, and Shapers. The company's innovative platform offers automated expense management, MTD-ready software, and on-demand accounting support all in one convenient app. With this latest round of funding, Ember plans to further expand its operations and reach by extending its platform to more top banks in the UK beyond its initial partnership with HSBC.
Under the leadership of CEO Aaron Shaw and COO Dan Hogan, Ember caters to the needs of small business owners, including sole traders and limited companies.
By providing a centralized location for banking services, tax insights, and accounting needs, Ember's platform helps streamline financial management processes. Users can benefit from features such as integrated invoicing, a comprehensive tax timeline, and tools for tracking cashflow, making it easier to stay organized and informed.
One key development for Ember is its collaboration with HSBC UK to introduce a new service that integrates essential accounting and tax tools directly into the banking platform. This initiative aims to simplify financial management for small businesses across the UK, making it more accessible and user-friendly. With a strong focus on innovation and customer convenience, Ember continues to make waves in the fintech industry with its cutting-edge solutions for business owners.
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