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Fintech Firm Countingup Opens New Cardiff Office
Countingup, the UK’s number one small business banking and accounting app, has announced it is opening a new office on Cathedral Road.
Countingup will focus on providing account management and out-of-hours customer support from the new Cardiff base. The account management team has already seen several team members join with recruitment currently underway for the customer support team.
The office came about following an initial approach from Cardiff City Council who are targeting leading technology companies who are growing rapidly.
Councillor Russell Goodway Cabinet Member for Investment and Development at Cardiff Council said: “Cardiff is one of the top cities in the UK for business growth. Countingup with its innovative business model and a strong focus on micro-businesses and entrepreneurs should help to foster and maintain this growth. We are delighted to welcome such a dynamic company to the city and I am pleased my team were able to work with Countingup and encourage them to invest in our Capital city.”
Countingup already has more than 15,000 small business customers and around 625 accountancy practice partners. It is focused on making business banking and accounting easier for small businesses across Cardiff and the rest of the UK, thereby freeing up their time to focus on their core business, while also helping accountants with micro-business clients.
Andrew Garvey, the Chief Commercial Officer at Countingup, said: “Cardiff is a growth hub for small, fast-growing micro-businesses and also has a great reputation for financial services”.
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Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
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Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
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