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FR EE !
Pg 5 Saturday 8th February 2025 | No. 98
XU Biweekly
Pg 10 The independent news source for accounting apps and their ecosystems
Big News: Link My Books Joins the Visma Family! Link My Books has officially joined the Visma family, marking the start of a new and exciting chapter for our company and, most importantly, for you!
W
E ARE BEYOND EXCITED TO SHARE A MAJOR MILESTONE IN THE LINK MY BOOKS JOURNEY: WE HAVE OFFICIALLY JOINED THE VISMA FAMILY! VISMA, A GLOBAL LEADER IN CLOUD SOFTWARE SOLUTIONS, HAS ACQUIRED LINK MY BOOKS, MARKING THE START OF A NEW AND EXCITING CHAPTER FOR OUR COMPANY AND, MOST IMPORTANTLY, FOR YOU— OUR VALUED CUSTOMERS.
What Does This Mean for You? First and foremost: it’s business as usual.
Our mission remains the same—to make ecommerce accounting simple, accurate, and stress-free. With Visma’s backing, we’re in an even stronger position to deliver on that promise. Here’s what you can expect: • No Disruption: Your Link My Books experience will remain seamless. Our platform and service will stay exactly as they are today. • Bigger and Better Features: With Visma’s expertise and resources, we’ll be able to develop exciting new features and enhancements, making ecommerce accounting even more efficient and
powerful for your business. • The Same Dedicated Team: Our leadership and support team aren’t going anywhere. We’re as committed as ever to delivering exceptional service and support to help you succeed.
resources while maintaining the autonomy and customer-first approach that you’ve come to expect from us.
Looking Ahead This is just the beginning. With Visma’s support, we’ll continue to:
Why Visma? Visma shares our vision of simplifying financial processes for businesses of all sizes. Their extensive experience in B2B cloud software and their reputation for fostering innovation make them the perfect partner for Link My Books. This partnership allows us to leverage their
• Develop tools that save you time and eliminate accounting headaches. • Build on our seamless integrations with platforms like Amazon, eBay, Shopify, Etsy, Walmart, TikTok Shop, Square, and WooCommerce.
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Deel Announces New iplicit secures £25 million Anchor Investors and investment from One Peak Financial Milestone E i iplicit Secures £25 Million Investment from One Peak to Scale its Next- Generation Accounting Software Platform.
XCITING NEWS: TODAY WE ANNOUNCED THAT NEW ANCHOR INVESTORS, INCLUDING GENERAL CATALYST AND A SOVEREIGN INVESTOR, HAVE PURCHASED CLOSE TO $300 MILLION IN DEEL SECONDARIES FROM EARLY INVESTORS. THESE INVESTMENTS SIGNAL OUR MOMENTUM AND THE LONG-TERM VISION AND CONVICTION INVESTORS HAVE IN DEEL. Today we also announced that we’ve achieved a run
Saturday 8th February 2025
rate of $800 million as of December 2024, growing 70% year-over-year. The business has been profitable for more than two years.
Since our graduation from Y Combinator in 2019, Deel has evolved from a two-product hiring solution to a comprehensive suite of products that radically simplifies global workforce management.
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PLICIT, THE LEADING CLOUD ACCOUNTING SOFTWARE PLATFORM PURPOSE-BUILT FOR THE UK MID-MARKET, HAS ANNOUNCED A £25 MILLION INVESTMENT FROM LEADING TECHNOLOGY GROWTH INVESTOR ONE PEAK. This new investment marks iplicit’s first external institutional funding round and will be used to significantly accelerate iplicit’s product development and fuel its exponential growth. Born in the cloud, iplicit delivers a state-of-the-
art cloud accounting platform specifically tailored for businesses that have outgrown basic entry-level systems or who have grown frustrated with legacy on-premises vendors. By delivering the advanced functionality and performance of upmarket systems at a fraction of the cost and complexity, combined with a seamless setup and migration process, iplicit ensures that businesses can future proof their financial operations as they grow.
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