Tag: accounting

Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays

Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners...

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on...

A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88%...

A startup from ex-Revolut employees uses AI to automate accounts — but hopes to keep accountants in jobs

Often successful startups can give rise to ‘startup mafias’ – groups of former founders who go on to create other startups. But at...

Fintech Fragment eases ledger problems, nabs $9M from Stripe, Jack Altman, BoxGroup, others

Ask any engineer tasked with tracking customer balances, what the experience is like, and you’ll get a deep sigh that says, ledgering is the bane...