Company: Coconut听
Founder: Adam Goodall and Sam O鈥機onnor听
Website:
Business: An online platform designed for the self-employed, helping to manage users鈥� accounting and tax.
About Coconut
Founded in 2016, Coconut provides an innovative service, helping the self-employed, freelancers and small business owners to manage their accounting and tax. Coconut helps to manage users鈥� expenses, invoicing and tax all in one easy-to-use platform.
Users can connect their current accounts to the Coconut platform, where they鈥檒l get a complete overview of their business鈥檚 accounts. Alternatively, Coconut also offers its own business current account, available to open up in minutes using your phone.
Coconut helps to streamline your accounting processes, automatically categorising business expenses for tax, enabling you to create and send out invoices, all whilst estimating the amount of tax you鈥檒l owe. The platform also works seamlessly with user鈥檚 accountants, and even offers accountants of their own, with a range of subscriptions available to suit your business’s requirements. The startup claim:
鈥淲orking for yourself presents a number of unique challenges. It鈥檚 all too easy to waste your valuable time on things like tracking your expenses, getting paid on time by clients, or worrying about your dreaded tax return. Traditional products like cloud accounting packages and business bank accounts haven鈥檛 kept up with the fast-paced way we work today.”
“Self-employment and entrepreneurship is the biggest shift in the way we work for a generation, and we鈥檙e building Coconut to be the platform to enable this economy to boom.”
“Our mission is to free millions of people from accounting and tax admin worldwide, by bringing all the tools you need to run your business into one simple product.鈥�
