Float acquires Accounteer!
Float HQ — Accra, GHANA, 12 August, 2022
Float is excited to announce our acquisition of Accounteer, the cloud-based accounting service that combines bookkeeping, tax prep, and financial advisory services all in one simple, easy-to-use platform for African businesses.
It is absolutely essential that every business knows where all its money is coming from, where it is going, and how it is being spent. However, while working with thousands of SMBs and evaluating their creditworthiness, we discovered that majority of businesses lack the proper accounting and financial management practices required for growth. With Accounteer, staying on top of your finances is more effortless and straightforward.
CEO of Float, Jesse Ghansah says: “I have been impressed by Accounteer’s trajectory over the years to become the cloud accounting software choice for 14,000+ SMBs in Nigeria and beyond. The addition of Accounteer to our ecosystem of products and services is game-changing for Float as we scale into new markets. We look forward to an exciting future with the team”
More on Float.
Float (YC W20) is the next-generation spend and cash management platform for SMBs and startups in Africa. Businesses use Float to manage and monitor their cash flow in real-time, make vendor/supplier payments, and access instant credit for critical business expenses.
Float is backed by Tiger Global, Y Combinator, JAM Fund, Cauris, Soma Capital, Ingressive Capital, Magic Fund, Michael Seibel and Horizon Capital.
