UK’s fintech VC Finch Capital invests £5M in Dublin-based SaaS startup

AccountsIQ, a SaaS financial management software platform for mid-market SMEs, has secured €5.8 million (approx £5 million) funding. The UK-and-Netherlands-based fintech-focused venture capital firm Finch Capital backed the investment.

The funding will be used to accelerate growth and recruitment across sales and marketing and engineering to continue enhancing the product.

Cloud accounting platform

Founded by Tony Connolly in 2008 in Dublin, AccountsIQ addresses problems faced by businesses operating across multiple different locations, currencies, and jurisdictions.

The company’s cloud accounting platform is delivered as a fully hosted Software-as-a-Service offering that cuts costs, informs better decision-making, and boosts productivity.

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Source: UK’s fintech VC Finch Capital invests £5M in Dublin-based SaaS startup – UKTN (UK Tech News)