Ember, an accounting automation firm, has partnered with HSBC UK, reinforcing the trend of embedded finance in fintech.
Enter Ember, a British startup offering a lifeline through embedded finance. Partnering with big banks like HSBC, Ember simplifies tax filing and accounting with features like automatic expense categorization and invoice creation. This user-friendly solution even estimates tax obligations and helps manage dividend withdrawals. By offering a free version through partner platforms, Ember cleverly attracts users and converts them to paying customers for advanced features. Ember's strategy goes beyond the initial partnership. Upcoming regulatory changes requiring digital tax filing present a massive opportunity. With the government favouring API-driven solutions and millions needing help, Ember is well-positioned to thrive. Their recent funding round validates this potential. Look out for Ember, the small company making big waves in the fintech world.