Ember, a London, UK-based financial technology company providing automated expense management, MTD-ready software and on-demand accounting support in one app, raised £5m in funding.
The round was led by Valar Ventures, Viola Fintech and Shapers.
The company intends to use the funds to continue to expand operations and ite business reach extending its platform to other top banks across the UK beyond HSBC.
Led by CEO Aaron Shaw, and COO Dan Hogan, Ember provides a platform for small business owners (sole traders and limited companies) to streamline access to banking services, tax insights, and accounting needs in a centralised location. Features include integrated invoicing, a full tax timeline, and the capability to track cashflow.
Ember partnered with HSBC UK to launch a new service that integrates essential accounting and tax tools directly into the banking platform. This service seeks to simplify financial management for small businesses across the UK and make it far more accessible.
FinSMEs
20/05/2024