Mimo

Today, we are proud to announce our public launch in the UK, and £15.5m in funding, led by Northzone! 🙏 We’re only 15 months old, but a lot has happened since Jan 2023. 𝗧𝗼𝗱𝗮𝘆, 𝘄𝗲 𝗮𝗿𝗲: 🤝 Supporting 50+ SMBs, accountants and bookkeepers under closed beta. 👪 15 highly skilled developers, product & design wizards, risk & compliance experts, and GTM-leaders 🧑💻 Live with our product in the UK 💰 Backed with £15.5m/€18m from leading fintech investors like Northzone, Upfin.vc, Cocoa 🍫, Seedcamp and Fost. 🚀 Only getting started What is Mimo? Mimo is short for Money-in, Money-out. We help business owners, accountants and bookkeepers manage global payments, cash flow & financing, allowing them to save time and money, with full control of finances. We started on the money-out side, where we currently offer; Accounts payable automation, including: - Multi-currency payments and accounts - Approval flows, for risk-free collaboration across teams - Automated reconciliation with accounting platforms like Xero & Quickbooks - Payroll processing, to pay your team with a click - Mimo Flex, our built-in credit line for supplier payments - Multi-entity management, for finance professionals serving multiple clients Soon, we are adding the money-in side with Accounts Receivables and Insights, allowing you to manage and control your full cash flow in one place. If you want to learn more, try our product, or follow our journey, don’t hesitate to reach out! Don’t miss following us here on LinkedIn, check our new website at www.mimohq.com, or read our launch blogpost (link in comments). Or, if you’re an accountant or bookkeeper, swing by our (big!) booth at Digital Accountancy Show in Battersea Park, Apr 16-17th.

We're thrilled to be joining Eriona Bajrakurtaj for her impressive launch of Volt Digital Transformation tomorrow! ⚡ If you’re an accountant looking to digitally transform your business, stop by Intuit's HQ in Victoria at 5:30 pm. You’ll not only get the inside scoop on Volt, but also get to meet Mimo's very own Max Tapsall. We promise, his excitement about chatting all things Accounts Payable and Accounts Receivable is unrivaled! 🤝

It’s been 9 days since our off-site, and we’re finally back at full speed! (Yes, it took us a while to recover 😅) We spent some quality time strengthening the team, celebrating what we’ve accomplished, and mapping out the exciting road ahead. One of the biggest highlights? We're gearing up for a major product launch that will transform how SMEs, accountants and bookkeepers handle account receivables (sign up through the link in the comments to learn more!). A huge thank you to the entire Mimo team for your dedication, passion and forward-thinking vision! 💚

For those who might have missed it: We recently hosted a webinar with the Green & Purple-team, where we explored how smart tech choices drive firm growth and improve client success. The session covered: - Green & Purple’s rapid growth using tech-driven, scalable finance solutions. - How the right tech can streamline payments and eliminate those tedious manual tasks(!) - How Mimo helps firms manage cash flow, payroll, and payments with ease. - Real-life examples of how adopting Mimo’s platform has saved time and enhanced efficiency for clients. Check out the full webinar in the comments! 👇 Huge thanks to Lee Maughan and Jodine Williams for joining us! We're always excited to be chatting with you.

For those who might have missed it: We recently hosted a webinar with the Green & Purple-team, where we explored how smart tech choices drive firm growth and improve client success. The session covered: - Green & Purple’s rapid growth using tech-driven, scalable finance solutions. - How the right tech can streamline payments and eliminate those tedious manual tasks(!) - How Mimo helps firms manage cash flow, payroll, and payments with ease. - Real-life examples of how adopting Mimo’s platform has saved time and enhanced efficiency for clients. Check out the full webinar in the comments! 👇 Huge thanks to Lee Maughan and Jodine Williams for joining us! We're always excited to be chatting with you.

All hail Jonathan Gaunt and team Socket for the win 🏆 The hotly sought after Digital Disruptors Release of the Year, sponsored by Allica Bank was a close call between several high profile releases this year. Some absolutely brilliant and deserving a special mention… Mimo with their money-in-money-out app, a great way to manage receivables and payables automation Dext with the launch of Dextension which has shaved hours of time in processing and helps to spotlight opportunities to improve Cone (YC S22) who provide accounting automation software for billing, payments and proposals RQ helping you to automate network management and referrals, and deepen client relationships Mayday who mend month end through better inter company reconciliation software Was a pleasure to pinch a very shocked Jonny Gaunt for a few moments after the win. Latest pod with more live interviews from the night and the some spotlight accounting tech news. Search Digi-Tools in Accrual World wherever you listen or click the link in comments… #podcast #accountingawards #digitaltransformation #winning

Lee Maughan, CEO at Green & Purple, reveals their recommended tech stack 🙌 Green and Purple provides scalable finance teams for seed and growth-stage businesses. Their specialist sectors are Creative, Tech and Biotech with the majority of clients from across Cambridge and London. That means they work with everything from pre-revenue university spin-out businesses to scaling agencies looking for a potential exit. Lee told us, "As the scalable finance team we can provide all the functions of a full in-house team paid for as needed to scale with the business. That means the team are looking after everything from recording sales and purchase invoices to forecasting cash flow and profitability. The month-end rush is normal for us when we're reporting management information to the founder/CEO and their investors. Every day will vary depending on the life cycle of the business and what projects they're currently working on. It can be very varied from supporting with an Innovate UK grant application, to preparing a VAT return or responding to auditors' queries. We've chosen key partners in each functional area, for instance, BrightPay for payroll, Hubdoc for OCR, ApprovalMax for approvals, G-Accon for data integration, and so on. But here's a more in-depth look at some of the standout apps for us." Featuring Pleo, Mimo, and Fathom. #accountingsoftware #accountingtech #cfotech

Curious to learn about Mimo's impact on firm growth and client success? Join our webinar on September 25th to hear about Green & Purple's client-focused approach to technology, and the implications adopting tools like Mimo has on growth.

The photographer caught me. Last week at Accountex I got to meet Felix Lundqvist and Henrik Grim from Mimo. I was busy telling these chaps how Manchester is the birthplace of all innovation. We were stood 150 metres away from were one of the finest cars in the world, Rolls-Royce was born. At the same time I put them to the challenge to show me that MIMO was a product that could meet the expectations of businesses inof Manchester. Pleased to say I was impressed. Digital wallets in GBP and EUR means users can hold money in both currencies and complete payments without constantly having to login to their bank. Integration with Xero that the planned payment dates flow through is useful for those who do routine payment runs.

Accountex swag When I go to the accounting events I am not one for swag. Maybe as it can bring the worse out of people and can lead to greed However, I could not resist in picking up this little fellow from Mimo as it had #sustainability written all over it with the paper packaging. Oh and thank you FreeAgent for the Tunnocks wafers biscuit, that just reminded me of Scotland 😀, thanks Fraser Peebles #beachaccountant