Seapoint offers a unified financial platform that consolidates business accounts, corporate cards, and payment processing for growing companies. It automates invoice payments, payroll, and financial reporting, providing real-time visibility and control over company finances. The platform also offers yield on funds and efficient team expense management.
Funding
Funding not disclosed
Founders
Product
Problem
Growing companies often struggle with fragmented financial operations, requiring them to manage multiple vendors for business accounts, corporate cards, and payment processing. This fragmentation leads to inefficiencies in tasks like invoice payments, payroll, and financial reporting, hindering real-time visibility and strategic decision-making.
Solution
Seapoint provides a unified financial platform designed to streamline operations for growing businesses. The platform integrates business accounts, corporate cards, and payment processing into a single interface, automating key financial workflows. By consolidating these functions, Seapoint offers enhanced control, clarity, and runway for companies. It also provides access to yield on funds through money market accounts and facilitates efficient team expense management.
Target Audience
The primary target audience includes growing companies, startups, and scale-ups that require a consolidated and automated financial management solution.
Features
- Unified business account with integrated invoice payment, payroll, and reporting functionalities.
- Automated invoice extraction from Gmail, with one-click payment processing and reconciliation.
- AI-driven payroll processing, including automated data extraction from accountant pay schedules and multi-country payment capabilities.
- Real-time financial reporting by connecting multiple business accounts via Open Banking, with AI-powered transaction categorization.
- Corporate cards for teams with individual controls and spending limits.
- Access to yield on funds through instant-access money market funds.
- Multi-currency accounts, including GBP and EUR, with additional currencies planned.
- Integrations with accounting software like Xero for automatic transaction syncing.
- Dedicated relationship managers to provide personalized support.