Funding of £5 million was received by Ember, a financial technology firm located in London, UK that offers automated cost management, software that is ready for MTD, and on-demand accounting help all in one app.
Investors
- Shapers
- Viola Fintech
- Valar Ventures
Use of funds
The company plans to utilize the money to keep growing its operations and commercial reach, bringing its platform to not just HSBC but also other leading UK banks.
About Ember
Under the direction of COO Dan Hogan and CEO Aaron Shaw, Ember offers a platform that simplifies access to accounting requirements, tax insights, and banking services for small company owners (sole proprietors and limited entities) in one convenient place. A comprehensive tax chronology, integrated invoicing, and cash flow tracking are among the features.
A new solution that seamlessly incorporates necessary accounting and tax capabilities into the banking platform was introduced by Ember in collaboration with HSBC UK. This program aims to greatly increase accessibility and streamline financial administration for small companies throughout the United Kingdom.