Online accountancy software attracts £750k investment

Internet accountancy software company Liquid Accounts has received over
£750,000 investment to grow its business.

The company based in Yorkshire, which has over 150 accountancy and
book-keeping practices as clients, will receive 12% of the company value from a
government Aspire fund created for women led businesses.

A further 18% stake in the business was sold to a syndicate of local
businesses with the three private investors to sit on the board.

Liquid Accounts MD, Matt Holmes said: “Our focus will be on building
relationships with young, ambitious accountancy firms who are looking for ways
to grow their practices and offer a better service to their clients, and working
with strategic partners to offer the benefits of Liquid direct to their
customers at an affordable price.”

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