Basiq is an open banking and financial data platform focused on Australia and the broader Asia-Pacific region. It provides real-time access to bank transaction data, balances, and categorised insights through APIs. Basiq is commonly used by fintechs building lending, personal finance, and wealth management applications in regulated https://www.theclintoncourier.net/2025/12/19/main-advantages-of-accounting-services-for-startups/ APAC markets.
- Consumers are becoming increasingly comfortable using technology to manage their finances.
- Because we are more of a long-term finance partner (which is what you want) compared to a short term “outsourced” bookkeeping firm, all of our engagements are custom.
- Trends both in product and investment growth indicate crypto technologies are on a re-bound and related consumer products are going mainstream.
- Graphite manages tax deadlines and optimizes Fintech tax strategies to maximize deductions and credits.
- Specialized fintech accounting firms are built specifically to serve companies like yours.
- There are “bandaid” accounting services that are more so quick fixes for short periods of time, and then there is Graphite…one of the few long term partners.
Credit Card Issuer
- If you aren’t using software, you need to match your bank account statements with the entries in the general ledger to ensure they line up.
- Adyen is a Dutch payment company that provides a unified platform for businesses to accept online, mobile, and point-of-sale payments.
- High-profile cases have shown how inadequate vendor oversight can lead to fines reaching into the millions, reflecting the severity of non-compliance in the financial sector.
- Sumsub is an all-in-one compliance platform covering KYC, KYB, AML screening, and transaction monitoring.
It allows businesses to collect recurring and one-off payments directly from customers’ bank accounts, streamlining billing, subscriptions, and invoice payments. Checkout.com is a global digital payments platform that provides enterprises with end-to-end payment solutions, including online payment acceptance, fraud prevention, and data analytics. The company enables businesses to process payments in multiple currencies with advanced customization and control.
Vouch Financial
- This approach can unlock funding for businesses that have strong sales performance but limited access to bank lending.
- ClearBank provides real-time clearing and embedded accounts with direct connectivity to UK payment schemes such as Faster Payments, Bacs, and CHAPS.
- Kantox is often adopted by mid-sized companies where FX exposure has become material but treasury teams remain lean.
- Circle is best known as the issuer of USDC, one of the most widely used regulated stablecoins, and it also provides APIs for payments, treasury operations, and digital asset services.
Aspire is a Singapore-based B2B fintech company that serves more than 15,000 small and medium-sized businesses across Southeast Asia and the Asia Pacific region. Pleo is a European spend management platform offering smart company cards, expense tracking, and automated receipt capture. It allows employees to pay for business expenses directly while giving finance teams real-time visibility and control. Spending limits and approval rules can be set per user, team, or category, reducing the need for reimbursements. Pleo integrates with popular accounting tools across Europe, simplifying reconciliation and reporting. Pleo is widely used by SMEs looking to decentralise spending without losing oversight.
software development
However, if you choose to do your startup accounting manually, you will need to record all transactions in the general ledger. This includes income, expenses, deductions, and any other transactions or financial records. Manual accounting requires inputting all financial transactions into a spreadsheet or tracking method.
Funding Options
Its platform supports account aggregation, transaction categorisation, and payment initiation while also offering PSD2 compliance services such as consent management and regulatory reporting. Salt Edge is often used by banks and regulated institutions that want infrastructure support rather than just raw data access. The platform’s modular approach allows clients to adopt specific components depending on regulatory and product needs. Salt accounting services for startups Edge is particularly relevant for organisations operating in multiple regions with varying open banking maturity.
- Currencycloud provides APIs for FX conversion, multi-currency wallets, and international payments infrastructure.
- Kalshi’s digital platform gives traders access to a new asset class known as event contracts.
- The right accounting partner does more than just crunch the numbers; they help you write a story of stability, discipline, and readiness for scale.
- Vena improves collaboration, auditability, and data governance while preserving existing spreadsheet models.
- The platform provides features such as real-time spending notifications, expense tracking, and the ability to switch payment sources retroactively.
- For most startups, the first big question is whether to hire a full-time accountant or partner with a firm.
DIGITAL ORIGIN
For businesses operating in crypto, Chainalysis often becomes a core part of the compliance stack, especially when enterprise partners and regulators expect rigorous transaction monitoring. Checkout.com is best known for card acquiring, but it also offers global payout and disbursement capabilities. The platform supports sending funds to partners, sellers, or customers across multiple regions. Checkout.com focuses on performance, reliability, and global coverage, particularly for internet-first businesses. Checkout.com is often used by marketplaces and platforms where payments are a core operational function.
