A fintech startup used Mercury to reduce banking fees by 20%, allowing them to reinvest savings into product development. Many fintech platforms offer free trials, startup-friendly rates, and pay-as-you-go pricing. Understanding hidden fees and transaction costs can help startups choose the most budget-friendly solution. Individual partners also generally require reserve funds to be held within their structure as collateral for the funds flows. Depending on the volume of transactions daily these reserve funds requirements can be considerable.

Solving Revenue Recognition

We start by understanding your current needs to establish a set monthly price. As your company grows and your requirements become more complex—perhaps you start offering new products or expand into new states—we’ll review the scope of our work with you. Any adjustments to the fee are discussed and agreed upon in advance, so you always remain in control and never face a surprise bill. Most of our clients come to us from a sub par experience with another firm, so we are used to facilitating and managing transitions. Along with your direct Graphite team, every client is also staffed with an onboarding manager who will be the one to manage the transition so you don’t have to.

Graphite key services

G-Squared Partners has extensive experience with SaaS companies, which often face unique financial models based on recurring revenue, customer acquisition costs, and long-term customer value. We have helped these companies with cash flow management, forecasting, and strategies for scaling while maintaining a sustainable subscription model. At G-Squared Partners, we partner with high-growth tech companies to deliver accounting, CFO, and financial advisory services tuned to the complexities of scaling technology businesses. Setting a budget for accounting can feel tricky, especially when every dollar counts. You’re not just paying for someone to file your taxes; you’re investing in the financial foundation of your company. The right financial partner provides clarity for investors, ensures you stay compliant, and helps you make smarter decisions as you scale.

Capitalise

While many startup founders choose to hire an accountant, it is possible to do accounting yourself or by using accounting services. We at https://www.theclintoncourier.net/2025/12/19/main-advantages-of-accounting-services-for-startups/ StartupFino believe that working with an accounting partner for FinTech startups should be clear and easy from the beginning. That is the reason we follow an easy, founder friendly process which keeps you in the loop at each step. Whether you operate a Fintech SaaS business or an online financial institution, we make onboarding fast, collaborative and simple.

• It involves keeping track of income, expenses, assets, liabilities, and equity to provide an accurate and comprehensive view of the company’s financial health.
• In 2023, the company merged with Guwahati-based North East Small Finance Bank, marking its entry into the banking ecosystem.
• Think of them as a strategic partner who speaks your language—from SaaS metrics and R&D credits to equity compensation and investor reporting.
• CSC offers cybersecurity, data analytics and cloud computing services to companies who may need support with tax solutions.
• The company has a clear vision of providing financial security to 150 million vulnerable households through contextual life and health insurance products.

These early accounting systems relied on clay tablets and simple notations to keep track of transactions. Over time, accounting practices have evolved, and today we have sophisticated software and technology to aid in the process. Episode Six helps fintechs and financial institutions build payment solutions that adapt to ever-evolving payment trends. Partnered with Mastercard, HSBC, and more, Episode Six makes creating flexible, powerful, and user-friendly financial tools simple.

Posting to Ledger Accounts

Traditional accounting services are often slow and focused on the three standard financial statements — balance sheets, cash flows, and income statements. This is not enough for high-growth businesses who rely on real-time key performance indicators (KPIs) to inform business decisions and strategy. FlowFi brings together a comprehensive technology platform with a network of experienced finance professionals, who use FlowFi’s platform to provide personalized financial services and advisory. FlowFi’s software provides its financial professionals with AI and other workflow automation to introduce efficiencies in their processes. Moreover, these accountants are not just number crunchers; they serve as strategic partners to the executive team. Their ability to interpret financial data and provide actionable insights helps guide the company’s growth strategy.

It also includes advanced KYC and KYB modules for comprehensive business and customer verification. A chart of accounts is a comprehensive list of all the accounts used in your business’s accounting system. Create categories that match your business’s needs accounting services for startups and organize your chart of accounts accordingly. HoneyBook is a payment processing company that helps businesses better manage their clients’ contracts, inquiries, and invoices. Through HoneyBook, businesses are able to streamline every aspect of their clientflow on one platform.

Additionally, AI is used to better predict a borrower’s probability of default and provide lenders with more accurate credit underwriting. Upstarters enjoy a remote-first work model, but the company offers in-person opportunities in San Mateo, California; Columbus, Ohio; and Austin, Texas. Operating in the veterinary space with a care-now, pay-later business model, Scratch Financial works with a network of over 14,000 healthcare practices across the U.S. and Canada.

Best Fintech Startup for Cutting-edge Digital Advisory

This detailed analysis ensures compliance with IRS guidelines and maximizes the tax benefits. Developers can then build personalized money apps and services using TrueLayer’s infrastructure and dashboard. TrueLayer has enabled new digital banks, credit apps, investment platforms and more. The regulatory environment for fintech startups is complex and ever-changing. Governments around the world are continually updating their regulations to keep pace with the rapid advancements in financial technology. For fintech startups, compliance with these regulations is not optional; it’s a necessity.