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Tech Lowdown
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Tech Lowdown: Banking, MTD webinar and awards

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5th Sep 2018
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Welcome to our weekly round-up of the latest news and updates from the accounting tech world. 

This week, Tech Lowdown features BTCSoftware’s MTD webinar, IRIS customer awards and Countingup’s new round of funding.

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Countingup raises £2.3m in seed funding

Banking and bookkeeping mobile app Countingup has received the backing of fintech investors. The London-based startup will use this second round of investment, led by Forward Partners, to ramp up development of its accounting features and to achieve its 10,000 customers goal.

After closing its first funding round in October 2017, Contingup developed a system that enables small businesses to open a business current account with a UK sort code and account number and a contactless Mastercard from their mobile app. Business owners can also do their bookkeeping, view a profit and loss report and attach receipts to expenses from the app.

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BTCSoftware’s Making Tax Digital webinar

BTCSoftware will be hosting a webinar on MTD and its impact on both practices and businesses on Wednesday 12th September at 12pm.

With practices preparing for the April 2019 deadline, the session will cover the road ahead and the available software solutions as well as the potential productivity and time-saving opportunities of MTD. 

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IRIS Customer Awards entry deadline extended

IRIS has extended the deadline to enter the inaugural IRIS Customer Awards until Monday 10th September. The awards recognise best practice across several areas, as accountancy firms evolve beyond compliance services to capitalise on new service opportunities in the digital economy. 

Some of the awards categories include IRIS firm of the year, client excellence firm of the year, best use of technology firm of the year and marketing innovation firm of the year. The shortlist announcement will take place on 17th September and the winners will be announced on 9th October.

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