Saturday 10 September 2022 | No. 38
XU Biweekly The independent news source for Xero users, by Xero users
Capium announce £3 million in investment round to deliver groundbreaking efficiencies for the Future to Weel: of Accounting and Bookkeeping aWelcome new era of spend management
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IONEERING CLOUD ACCOUNTING AND TAX COMPLIANT SOFTWARE CAPIUM ANNOUNCED AN INVESTMENT TO FURTHER ENHANCE AND DEVELOP THEIR INTEGRATED ACCOUNTING AND BOOKKEEPING SOFTWARE.
Capium is thrilled to announce that we have secured a significant amount of investment of three million pounds. This investment is an important step for the company, allowing Capium to continue to develop and strengthen its Cloud Ac-
counting software, founded in 2013, and extend its reach into the mid-tier market for Accountancy Practices. This will also allow expanding into other market spaces if desired. As Capium continues to rapidly grow, this investment will largely support the development of the Cloud Accounting Software platform. Capium strongly believes in breaking barriers and continuing to strive for improving Accountants and bookkeepers lives by providing them with the software that they truly need at an inexpensive price. Tushir Patel, Co-Founder
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“We are excited about what this continued investment in our products will do and bring for our customers. This will propel us forward for practices, as we are already established in the Accounting Cloud space, we will look to further develop other areas within our product portfolio.” Capium strongly believes that we should have sustainability in mind when developing and delivering quality software, enabling customers to confidently face the challenges of MTD and now MTD for ITSA while continuing to support its customers as best as pos-
sible through software and support services. Sanjay Bhiraju, Co-Founder and CEO, “We are proud to work very closely with our accountants and will continue to work with them, to ease their workload. We are confident that this investment will contribute to delivering exactly what Accountants need and want from their Cloud Accounting software providers - especially now when they need it the most.”
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DEXT APPOINTS SABBY GILL AS CEO
ABBY TAKES LEADERSHIP OF DEXT TO DRIVE ITS NEXT PHASE OF GROWTH AND DELIVERY OF EXCITING NEW SOLUTIONS FOR ACCOUNTANTS & BOOKKEEPERS, AND SMBS. Dext is delighted to announce the appointment of Sabby Gill as the new CEO of Dext. Sabby will start in early October, with Steve Rowley returning to his role as Chair. Sabby is an outstanding, proven CEO, bringing over 34 years of experience in the technology sector,
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I EVERYONE, DANIEL HERE. TODAY, WE OFFICIALLY REBRANDED DIVIPAY TO WEEL. IT’S A NEW NAME. A NEW LOOK. A NEW ERA.
Where we’ve been and where we’re going
while working together at Westpac as part of their innovation team in 2016. We immersed ourselves in our customers’ universe to develop ways to improve their everyday lives with thoughtful financial products. We had identified a gap in the virtual card market where consumers could split payments in real-time and still pay through a single card. Knowing we would be able to move a lot faster if we went out on our own, we sat down in Russell’s apartment (in typical founder style) and dreamt up our solution, ‘DiviPay’. Not long after launching to consumers in 2017, we increasingly saw demand from businesses in...
Russell, our CTO and co-founder, and I first met
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While this rebrand may have come as a surprise for some, our team felt this change was overdue. To that end, I’m excited to reflect on the journey that has brought us here today and share more about what this rebrand means for our future. If you have any questions about what these changes mean for you, take a look at our FAQ cheat sheet here.
including work in the Accounting and Bookkeeping industry, across sales, service, support, operations and customer success. Sabby is currently the CEO of Thomas International and, before that, led Sage as their UK & Ireland General Manager. Sabby has held additional senior roles at Epicor Software, IGT (a gaming technology company), HP, CA Technologies, Oracle...
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Saturday 10 September 2022 ISSN 2054-7234
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