Allica Bank announcing partnerships with leading accounting software platforms Sage and Xero.
In brief:
- The direct integrations will mean Allica Bank business current account customers that use Sage and Xero can have their account transactions fed through automatically to their accounting software.
- The link-up comes after a busy period of growth for Allica Bank’s flagship business current account, which has been designed specifically to serve the needs of businesses with between 10 and 250 employees.
- In the same month it was also revealed that Allica Bank had been named the fastest-growing company of 2023 in the Deloitte UK Fast 50 Awards, which also made it the fastest-growing fintech in the UK ever.
What does this mean?
Allica Bank’s Head of Partnerships Sophie Hossack said, “Allica Bank is incredibly excited to launch our direct integrations with Sage and Xero. By partnering with these leading accounting software companies, we are helping more established businesses in the UK to save time and access their financial information. Using these insights, business owners and their accountants can make the most of their finances, finding opportunities to grow and succeed. We’re proud to be partnering with Sage and Xero and look forward to working closely with them.”