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 bring accounting and banking together to create a simple, easy, and time-saving way to […]
Building an accounting bank
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 accounting banks the future for sole traders?
Tim Fouracre explains how a new banking 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 bank account? What if bank transactions could be categorised automatically in a bank account? What if […]
Accounting bank – banking on the cloud
Tim Fouracre explores the notion of accounting banks and how they could revolutionise the way we manage our finances in the future Are you using an accounting bank? Of course not. Accounting banks don’t exist, yet. The concept is fascinating though and real accounting banks are just around the corner. An accounting bank is a […]
How you changed banking in 2019
In 2019 the way small businesses did their banking 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 […]
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’d like to think […]
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 provide accounting and banking in one place. We think that this will make running a business simpler and more enjoyable. That’s why we are delighted to announce the launch of our invoicing feature. Countingup customers […]
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 leading accounting bank in the UK. Accounting banks are here to stay A year ago an accounting bank was a concept, and […]
Countingup and SumUp partnership
Countingup is on a mission to provide accounting and banking in one place for entrepreneurs all over the UK. It’s the simple way to make running your business more enjoyable. To help with that mission we teamed up with leading mobile point-of-sale provider, SumUp. They provide a simple, smart way to accept card payments anywhere. […]