Santander Group has introduced the acquisition of Albert, the invoicing and bills app for freelancers and micro-businesses. With out disclosing the precise quantity, the banking group mentioned that the acquisition will help UK’s small enterprise house owners in rising their companies.
Albert, which can be the UK’s highest-rated with over 3200 five-star evaluations on App Retailer, helps freelancers and self-employed to maintain management of their funds by automating and simplifying invoices.
This bill app has been featured by Apple in three respective classes; “New Apps We Love” “Work Wherever” and “Its Tax Submitting Time.” By dramatically bettering bookkeeping duties, it goals to take the stress away from enterprise monetary administration.
Ivo Weevers, co-founder and CEO of Albert, mentioned,
“Over the previous three years, Albert has shortly turn into the UK’s top-rated finance app for freelancers and the self-employed. With the self-employment sector rising quickly, now is an ideal time to capitalize on the help and experience offered by the Santander Group.”
This deal will convey collectively the monetary service capabilities of Santander Group and with the very best in school invoicing and bills buyer expertise of the Albert app.
Lindsay Arglas, Santander Group’s Chief Digital, and Innovation Officer mentioned that Albert has a transparent imaginative and prescient of how they use know-how to rework the expertise of working a enterprise. Their imaginative and prescient is to offer entry to the instruments that assist individuals work smarter whereas delivering the identical seamless and private experiences in finance, as they get of their day by day lives.
He additional said that the acquisition will help them to make sure the prosperity for smaller companies within the UK.
Dan Bruce, co-founder, and CTO of Albert proudly, provides,
“The partnership will permit us to dedicate better focus to constructing a very international finance platform to assist even smaller aspiring companies thrive. We’re extremely happy with our journey with Albert up to now and we stay up for this subsequent chapter.”
The bookkeeping app will proceed to function enterprise as typical and prospects would have the ability to take pleasure in its companies with none disruption.