Smart business insights
Why we created Countingup
We love ideas here at Countingup. More specifically, we love the ideas that creative, passionate people have. When they get their mind set on something, they put everything into it. Countingup was created to help those people. Our idea was to create a simple, easy, and time-saving way to run your business. Instead of spending […]
Building an all-in-one financial tool for small businesses
This month Countingup passed a huge milestone in our short history as we became the UK’s first challenger bank, with plans to integrate full accounting services, to officially launch for sole traders and limited companies. Moving from beta to official launch is a big step, but we are still only at the beginning of our […]
Are all-in-one business accounts the future for sole traders?
Tim Fouracre explains how a new concept could be a boon to the UK’s sole traders. ‘What if…?’ It’s the fundamental question behind all innovation. What if it didn’t have to take four weeks to open a business account? What if bank transactions could be categorised automatically in a current account? What if your business […]
Press release: Countingup closes £9.1 million Series A investment
The business account that simplifies bookkeeping for the self-employed has attracted global interest; Framework Venture Partners is leading the round, joined by Gresham House Ventures and Sage. Countingup, the business current account with built-in accounting software, today announced the close of a £9.1 million Series A investment round, led by Framework Venture Partners and joined […]
How you changed accounting in 2019
In 2019 the way small businesses did their accounts completely changed But that’s not all – the way you prepared for your taxes changed too. What is this new approach and why are businesses switching? 15 years ago I started my first business as a sole trader so I know small businesses hate being stuck […]
Awarded “The best business banking app”
Countingup has been crowned “The Best Business Banking App” at the Accounting Excellence Awards. If you’re like me then you might be sceptical reading any self-congratulatory post about winning an award, but the best bit is this award was independently voted for by small businesses themselves. We got the people’s vote! I would like to […]
The clients that make Countingup – SEASONED: Nothing But Fries
Most entrepreneurs are no stranger to shiny object syndrome –– you know, that moment when you hit upon a cool new idea, a way to pivot your business you hadn’t previously thought of, a new avenue to explore, a new service to introduce? The problem is that it’s not easy to be all things to […]
The clients that make Countingup – Peterborough Gas
For many business owners, having flexible working hours is part of the attraction. Fancy taking a day off mid-week? As long as you don’t have any deadlines looming, it’s no problem. Want to dedicate an entire day to working on your marketing? Cool, you can arrange the rest of your working week to make that […]
Xero misses key point on accountants
I read this week in City AM that Xero is campaigning to amend the definition of an accountant but their proposal is terrible. It sounds like it’s been made up by someone who is not an accountant. Here’s the proposal, “Accountant: a person whose job is to keep or inspect and advise on financial accounts”. Don’t get […]
The winner is…
In December, we ran a Christmas competition for our customers. We wanted to give something back after an incredible 2018 for Countingup and this competition, with a prize of a brand new iPad Mini 4 up for grabs, was one way we could reward our customers. We would like to thank everyone who participated in […]
Countingup launches invoicing
Countingup customers can now raise invoices directly from the Countingup business current account app! Our mission at Countingup is to make it easier to run a small business. That’s why we are delighted to announce the launch of our invoicing feature. Countingup customers are now able to raise and send an invoice to customers/clients directly […]
Countingup from 2018
2018 was a phenomenal year of progress for Countingup. Countingup is #1 8k British businesses wanted a better way to run their business and opened a Countingup business current account, making Countingup the UK’s leading business account that automates accounting. Here to stay A year ago a business account that automates accounting was a concept. […]