FreeAgent offers accounting software simplified as a cloud-based Service (SaaS). Thousands of freelancers and small businesses (SMB, SME) are discovering a stress-free way to manage their book and invoicing. On top of that the flexible dashboard brings all finances together into one place. This novel, intuitive accounting solution enables users
- to implement hands-free invoicing by setting up recurring invoices that can send themselves automatically including reminders
- to automatically record employees’ expense by snapping a picture of any receipt with a phone, upload it and use a comprehensive list of expense categories to build accurate tax approved accounts
- to connect FreeAgent to their online bank account and automatically import transactions straight into their accounts every day with bank feeds, building up real-time accounts for a company with a live view of a businesses cash flow.
CHRONOLOGY
Nov 16: The company successfully completes its IPO (initial public offering) on London Stock Exchange’s AIM
Oct 16: The company announces plans for an initial public offering on the London Stock Exchange’s AIM market for small, growth-oriented companies
Aug 15: We raised 1.62M USD from 700 shareholders via crowdfunding platform Seedrs
Mar 09: Together with Christoph Janz and some other angel investors I participated in a Seed financing and became an advisor to the founder Ed Molyneux, CEO
NEWS
Lessons from a young Scottish company that listed on the stock exchange by realbusiness, February 9, 2017 Ed Molyneux, CEO and co-founder at FreeAgent, shares his experience of listing on the London Stock Exchange and explains what not to forget. Ed Molyneux had completed a number of different fundraising routes before embarking on an […]
NatWest selects FreeAgent for business banking platform by NatWest, 19. January 2017 The bank will be offering FreeAgent’s platform to small business customers over 2017. The platform can be linked with businesses’ bank accounts, which comes with a host of benefits. For instance, it will improve forecasting, save time and simplify the whole tax […]
FreeAgent in software tie-up with RBS by Terry Murden, January 19, 2017 Accounting software company FreeAgent has signed a deal with the Royal Bank of Scotland to provide the service to its small business customers. The contract, first outlined in Edinburgh-based FreeAgent ’s flotation documents last October, follows a pilot programme by the bank and […]
FreeAgent delivers strong maiden revenue figures by Scott McCulloch, December 14, 2016 12:19 Accounting software developer notes in first interim results as a listed company, revenues rose 36% to £3.6m in the six months to September 30 as subscriber numbers rose 18%. Accounting software developer FreeAgent has reported strong revenue growth in its first interim […]
FreeAgent raise £10.7m from initial public offering by Scott McCulloch, November 16, 2016 7:55 Accounting software developer FreeAgent has raised £10.7 million from investors as it joins the junior AIM market with a market capitalization of approximately £34.1 million. The Edinburgh-based company, which provides software-as-as-service (SaaS) accounting tools for micro-businesses, said it placed 9,523,810 new […]
by Jeremy Kahn, October 31, 2016 8:58 AM Provider of accounting software targets small companies*Tech IPOs in London rare as investors cite difficult market U.K. software company FreeAgent Holdings Ltd. plans an initial public offering on the London Stock Exchange’s AIM market for small, growth-oriented companies. Edinburgh, Scotland-based FreeAgent provides cloud-based accounting software for “micro-businesses,” […]