Financial automation platform, Aurelia has raised $3 million in seed funding, led by Blossom Capital.
Billing by itself as a form of “IFTTT for finance” aimed at smaller corporations that want to integrate their financial institution accounts with fiscal equipment, Aurelia suggests this then gives them better handle above hard cash move, taxes etc to automate generally handbook tasks, with no expertise of code required.
Angel traders contain Guillaume Pousaz (Founder & CEO at Checkout.com) by way of his Zinal Growth financial investment car and Erez Mathan (ex-COO and CRO at GoCardless).
Aurelia was started by Sebastian Trif, one of the very first engineers at Transferwise Jasper August Toes, and Dragos Apostol.
Trif claimed: “We see a lot of fintech applications and financial institutions that consider to capture everything a small business has but lots of modest corporations aren’t eager on shifting their company’s economic lifestyle into a new product.”
Ophelia Brown, founder of Blossom Cash, claimed: “As a compact small business owner ourselves, we know very first-hand how unpleasant and damaged it is for SMEs to control their funds and accounts. Immediately after looking for many years for the right solution, we committed to Aurelia on the place.”
Trif extra: “On a feature-by-element basis, we’re competing with recognized packs of plugins you ought to have on best of your accounting application like Xero and Quickbooks. We’re also competing with sensible SME banking remedies, these types of as Tide, Revolut for Organization and Wise for Business enterprise, which have far more restricted attributes.”
Aurelia’s beta platform is now going are living in Estonia, Romania, Germany and the Uk.