Emerging London-based Accounting Startups Revolutionising UK’s Financial Industry

January 3, 2024

The Accounting industry in the UK has experienced a surge in the establishment of variants of startups since the year 2020. Based in London, these startups have created a new perspective in the industry, with elaborate service portfolios designed to meet current market demands. From Accounting and Financial Services to FinTech, these budding companies, given their inception dates, represent the latest impact on the accounting landscape, especially in the Greater London area. Here, we highlight some of these startups, chronicling their beginnings, visions, and the various industries they operate within.

The diversity seen in the companies sprung up within the last year shows great promise for the future of accounting. Whether it’s automated financial services, AI-driven solutions, or customised accounting services, they all perform essential roles in the broader financial ecosystem. As we highlight each company, we hope to shine a light on the valuable work they’ve begun and their potential to shape the future of the accounting industry.

Furthermore, with the recent challenges and rapid changes in the financial ecosystem, these startups are offering revamped solutions that cater to the needs of modern businesses. By harnessing technological advancements, they are poised to streamline financial services, ease financial management, and enhance financial security.

Artis Finance

Artis Finance operates in the Accounting, Financial Services, and Professional Services sectors. Founded by Waldo de Vleeschauwer, Artis Finance contributes to the industry by offering diligent financial services. Their LinkedIn profile can be found here.

M&M Fintech

M&M Fintech is the brainchild of Svilen Stoyanov. The company operates in Accounting, Financial Exchanges, and Financial Services. You can learn more about their operations by visiting their LinkedIn page.

vHelp

Founded in 2020 by Patricia Salume and Randa Bennett, vHelp operates in various sectors including Accounting, Apps, Charity, Financial Services, FinTech, and Software. The company developed an expenses application for charities and voluntary groups, aiming to make reimbursement procedures more efficient and secure. Find out more about vHelp on their LinkedIn page, or connect with them on Facebook and Twitter.

Bankz Banking Network

Bankz Banking Network is an innovative platform in the Accounting, Banking, and Financial Services industries. They aim to enhance user experience in managing different banking accounts from a single access point. Visit their LinkedIn page for more insight.

Premier Business Consulting

Premier Business Consulting Group, despite being based in Ontario, Canada, has made a noticeable impact in London’s financial scene. The company offers personalised accounting and management services intended to conquer challenges and achieve targets. Learn more about Premier Business Consulting from their LinkedIn page.

IntelliSaving Limited

IntelliSaving Limited operates in the Accounting, Finance, and Mobile Apps industries. Visit their LinkedIn page, Facebook page, and Twitter to learn more about their business.

LemonEdge

LemonEdge, founded by Gareth Hewitt and Jamie Nascimento, offers services in Accounting, Asset Management, Developer Platform, Financial Services, and Software. It provides complex financial solutions across the financial sector through their integrated accounting platform. Check their progress on their LinkedIn page.

Outsource Payroll Services in UK

Outsource Payroll Services in UK assist businesses by handling pay calculations and employee tax submissions to HMRC, thus saving companies time and money.

Aizenit

AIZENIT, founded by Colin Thirunesam and Vibeeshan Mahadeva, offers services in the Accounting, Artificial Intelligence, Developer APIs, Document Management, Finance, Machine Learning, SaaS, and Software industries. AIZENIT focuses on intelligent automation and aims to eliminate manual data entry processes. You can find more details about the company on their LinkedIn page, Twitter and Facebook.

Kolleno

Founded by Dimitri Raziev and Ron Danenberg, Kolleno is a unified AR management platform designed to accelerate and track payments. Serving small and enterprise-level businesses alike, Kolleno provides innovative solutions in the Accounting, Artificial Intelligence, FinTech, Machine Learning, Payments, SaaS, and Software sectors. Their operations are further detailed on LinkedIn and Twitter.

Kolleno

With the same name but a different founder, Kendra Combs, this Kolleno streamlines credit control, helping businesses get paid faster and more consistently. This AR Management Platform also employs AI-based technology to boost efficiency in cash-collection processes. For further insights, check out their LinkedIn.

In conclusion, these startups signify the evolution of the Accounting industry, both in terms of service delivery and utilization of technology. They reflect the changing tide in the financial landscape and are primed to shape the future significantly.

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