Latest blogs

Receipt Bank raises $50 million to accelerate innovation

BY ON August 1, 2017

Article reposted with permission from Xero.

A huge congrats is in order for our app partner, Receipt Bank. In one of the biggest deals in UK fintech since Brexit, it’s just raised $US50 million in a Series B funding round, led by Insight Venture Partners.

Receipt Bank is one of the most popular integrations in our app marketplace, and for good reason.  As the first software company to automatically process information from uploaded images of receipts and invoices, it has transformed accounts payable and expenses for thousands of businesses. Launching in 2010, Receipt...