Countingup

Countingup Competitive Intelligence & Landscape

countingup.com ·

Overview

Countingup Overview

Countingup is a financial services company founded in 2017 and headquartered in London, United Kingdom. It specializes in providing an integrated platform that combines business banking, accounting, and tax management in one smart app, designed primarily for small businesses, sole traders, freelancers, and the self-employed (Exa, Tracxn). The company's core product is a digital platform that unifies payment services with accounting functionalities, allowing users to manage their finances more efficiently without switching between different tools (Countingup).

Countingup's mission is to give small business owners more time to focus on growing their businesses by simplifying financial administration through innovative technology. Its value proposition centers on automating accounting processes and providing real-time financial insights, which helps users save time and reduce administrative burdens (Countingup). As of 2026, the company has a workforce of around 27 employees, has secured over $21 million in funding, and continues to innovate within the financial technology sector, competing with other digital banking and accounting solutions (Tracxn).

Competitors

Countingup Competitors

Sage Intacct is a prominent competitor to Countingup, primarily targeting larger businesses and offering advanced financial management and accounting solutions. Its key differentiator is its focus on enterprise-level features, including robust automation, integrations, and scalability, which sets it apart from Countingup's SME focus (SourceForge). In terms of pricing, Sage Intacct is generally more expensive, reflecting its enterprise capabilities, whereas Countingup offers more accessible plans for small businesses and sole traders (SourceForge). Market share-wise, Sage Intacct dominates in large corporate segments, while Countingup is rapidly growing within the SME sector, especially among sole traders and small businesses.

Alternatives

Countingup Alternatives

Product & Pricing

Countingup Product and Pricing Intelligence

Countingup offers a range of pricing plans designed to be small business friendly, with a focus on affordability and comprehensive features. As of the most recent information, new users can start with a free 3-month trial, after which subscription fees are based on the total monthly deposits into the account. The exact tiered pricing details are not specified in the search results, but it is clear that transaction fees are charged from day one, with monthly subscription fees varying depending on deposit volume (countingup.com).

Countingup's paid plans are geared towards different user needs, including a basic plan for small businesses and freelancers, and more advanced options for larger or more complex operations. The platform combines business banking with built-in accounting and tax tools, providing features such as automatic transaction categorization, real-time tax estimates, and the ability to accept payments directly through the app (countingup.com).

Recent updates emphasize the integration of accounting and tax management into one smart app, eliminating the need for multiple subscriptions and making it easier for small business owners to manage their finances efficiently. Pricing details are updated periodically, but the core offering remains focused on affordability with a transparent, small monthly fee structure that includes essential features for small businesses and sole traders (countingup.com, countingup.com).

Hiring & Layoffs

Countingup Hiring and Layoffs

Countingup has experienced significant growth recently, with funding enabling the company to double its workforce and accelerate its product development, including features like tax filing and financial services (Welcome to the Jungle). The company is actively hiring, with a focus on expanding its team to support its mission of becoming the leading financial platform for small businesses and sole traders in the UK (Countingup Careers).

Recent hiring trends indicate a strategic focus on scaling operations and enhancing product offerings, likely driven by their recent funding rounds and market ambitions. Notably, Countingup's growth and hiring patterns signal a strong commitment to innovation in fintech, particularly in automating accounting and banking services for small businesses and sole traders (Countingup).

There have been no reports of layoffs, which suggests that the company's current strategy centers on expansion rather than restructuring. The company's emphasis on rapid hiring and product enhancement aligns with its goal to dominate the small business financial services market, indicating a strategy focused on growth, innovation, and market leadership in the UK fintech sector (Welcome to the Jungle).

Leadership

Countingup Management and Leadership Team

As of April 2026, Countingup's management and leadership team includes Tom Platt as the Chief Executive Officer, a position he has held since November 2023. Tom Platt brings over 26 years of experience in business leadership, with a background that includes roles in operations, planning, and analysis, and he holds an MA from Cambridge University (The Org).

The company's founding team was initially led by Tim Fouracre, a former CEO of Clearbooks, who founded Countingup in 2017 to address the financial administrative burdens faced by self-employed individuals (Countingup About Us). While specific recent leadership changes or notable hires at the C-suite level are not detailed beyond the appointment of Tom Platt, the company maintains a management team that includes Mike Moate as Chief Technology Officer and Angus Reid as Chief Operating Officer, both of whom have been key figures in the company's leadership (CB Insights, The Org). The leadership structure emphasizes a focus on technology and operations, supporting Countingup’s mission to simplify financial management for small businesses.

Financials

Countingup Financial Performance, Fundraising, M&A

Countingup is a financial technology company specializing in small business banking and accounting solutions. As of early 2026, it has an estimated annual revenue of approximately $6.2 million, with a workforce of around 47 employees (Growjo; RocketReach). The company was founded in 2017 and has demonstrated consistent growth in revenue and employee numbers over recent years.

Regarding funding and valuation, specific details about recent funding rounds, total funding amount, or valuation are not explicitly provided in the available sources. However, it is categorized within the fintech industry, which often involves multiple funding rounds, including venture capital investments, to support expansion and product development (Tracxn).

In terms of financial health, Countingup appears to be in a stable position, generating revenue and expanding its team. There are no publicly available reports of acquisitions or mergers involving Countingup as of April 2026. The company's focus remains on providing integrated financial management tools for small businesses, which aligns with its revenue growth and market positioning (Tracxn).

Partnerships

Countingup Partnerships, Clients and Vendors

Countingup has established a growing ecosystem through various notable partnerships and integrations that enhance its offerings for small businesses and accounting professionals. One significant partnership is with SumUp, a mobile point-of-sale provider, enabling users to accept card payments seamlessly alongside their business accounts, with payouts directly to Countingup accounts (Countingup). Additionally, Countingup partnered with accountancy service Sleek to launch Tax Pro, a new tax solution tailored for limited companies, further expanding its ecosystem within financial services (FFNews).

Countingup also integrates with major financial technology providers such as Mastercard and Hokodo, supporting card payments and SME risk coverage respectively, which broadens its technological ecosystem (Countingup). Its API offerings include developer portals, SDKs, and open banking standards, facilitating seamless integrations with other fintech solutions and banking infrastructure (OpenBankingTracker). These collaborations and technological partnerships position Countingup as a comprehensive financial platform for small businesses, freelancers, and accountants, fostering a robust ecosystem that supports banking, accounting, and payment processing in one integrated environment.

Events

Countingup Event Participations

Countingup actively participates in various events, including conferences, trade shows, webinars, and community events, to promote its financial services and engage with its community. While specific details about all the events they sponsor, attend, or host are not exhaustively listed in the search results, it is evident that they are involved in industry awards and recognition events, such as the UK Association Awards, Charity Awards, Purpose Awards, CSJ Awards, and Charity Times Awards, which serve as platforms for networking and visibility (Countingup).

Additionally, Countingup is known for its community engagement through webinars and online events, as suggested by their focus on digital transformation and online campaigns, although specific upcoming or past event details are not provided in the search results. Their participation in such events aligns with their mission to support small businesses and charities by offering integrated financial tools and fostering community connections (Countingup).

For the most current and detailed information about their specific event participation, sponsorships, or hosting activities, it would be advisable to visit their official website or contact them directly, as the available search results primarily highlight their awards involvement and general community engagement efforts.

Frequently Asked Questions

Who are Countingup's main competitors in the UK fintech market?

Countingup faces competition from several fintech companies and accounting software providers. Key competitors include Sage Intacct (targeting larger businesses), Xero, Zoho Books, and Anna Business Account (specifically for UK sole traders). Each offers similar or overlapping services in business banking, accounting, and tax management, but Countingup focuses on integrating these into a single app for small businesses.

How does Countingup compare to Sage Intacct?

Countingup and Sage Intacct cater to different market segments. Countingup is designed for small businesses and sole traders, while Sage Intacct targets larger businesses with more complex financial needs. Sage Intacct offers advanced features and higher scalability, reflected in its higher pricing, while Countingup prioritizes simplicity and affordability for smaller operations.

What market signals indicate Countingup's strategic direction?

Monitoring Countingup's hiring trends, partnership announcements, and product updates can reveal its strategic direction. A focus on hiring in specific departments, like engineering, may indicate a push for new features. New partnerships could signal expansion into new markets or service offerings. Product updates reveal their commitment to current and future customer needs.

Is Countingup currently hiring or laying off employees?

Based on recent reports, Countingup is actively hiring to support its growth and product development. There have been no reports of layoffs, suggesting a focus on expansion rather than restructuring. This hiring trend is a strong indicator of Countingup's confidence in its market position and future prospects.

How can I track Countingup's hiring activity?

You can monitor Countingup's careers page and LinkedIn to track their hiring activity. ForesightIQ also monitors job postings, providing alerts when Countingup lists new positions or changes its hiring strategy. Tracking these signals helps you understand their growth trajectory and areas of strategic investment.

What competitive intelligence sources are available for Countingup?

Competitive intelligence on Countingup can be gathered from various sources, including their website, social media, press releases, and job boards. Financial data, leadership changes, and technology partnerships offer clues into Countingup's strategy. Platforms like ForesightIQ automate the collection and analysis of this 'digital exhaust,' saving you time.

Who is Countingup's CEO?

As of April 2026, Tom Platt is the CEO of Countingup. He assumed the role in November 2023 and brings over 26 years of experience in business leadership. Monitoring leadership changes can provide insights into Countingup's evolving strategy and organizational priorities.

What is Countingup's pricing strategy for small businesses?

Countingup offers a tiered pricing structure based on the total monthly deposits into the account, with transaction fees applied from day one. They offer a 3-month free trial for new users. Their plans combine business banking, accounting, and tax tools into one app, focusing on affordability and value for small business owners and freelancers.

How can I stay updated on Countingup's new partnerships and integrations?

You can stay updated on Countingup's new partnerships by monitoring their press releases, news articles, and social media channels. Tracking these announcements provides insights into their expanding ecosystem and strategic collaborations. ForesightIQ also monitors Countingup's mentions across the web, ensuring you don't miss key partnership news.

How does Countingup integrate with other financial services?

Countingup integrates with various financial services through partnerships and API offerings. They partner with companies like SumUp for card payments and offer open banking APIs for seamless integration with other fintech solutions. These integrations expand the functionality of Countingup's platform and provide users with a more comprehensive financial management solution.

What events does Countingup participate in?

Countingup actively participates in industry events, including conferences, trade shows, webinars, and community events. They are involved in industry awards and recognition events. These events provide opportunities for networking, visibility, and engaging with their community.

How can I track Countingup's strategic moves and product development?

To effectively track Countingup's strategic moves, monitor their job postings for insights into their hiring priorities. Follow their social media and news outlets for partnership announcements and product updates. Analyzing these signals will provide a comprehensive view of their strategic direction and growth trajectory.

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