AccountsIQ secures €5.8M in funding from Finch Capital.
AccountsIQ, a Dublin, Ireland and London, UK-based developer of a Financial Management Software (FMS) platform for mid-market SMEs with multiple subsidiaries, branches and locations, announced the completion of a funding round of €5.8M ($7M).
The money was raised from Finch Capital and will be used for business and operations expansion.
AccountsIQ, founded in 2005 by CEO Tony Connolly, developed software for small and medium-sized businesses growing through franchising or multinational subsidiaries operating across multiple different locations, currencies and jurisdictions.
The software is cloud-based AI-driven Financial Management Software (FMS) platform used to streamline and automate the capture, process and reporting of their financial performance across all business units. Its open API allows integration with 3rd party software and its already integrated with TransferMate Global Payments, TINK, BrightPay, Kefron AP, Chaser, Concur, Salesforce and ISAMs.
AccountsIQ is used by 4,000 businesses across 85 countries across financial services, renewable energy, hospitality and not-for-profit industries.