We are on a mission to free 20 million people from business admin by offering a complete banking and accounting solution for freelancers, self-employed people and small business owners.
By combining our current account with an award-winning mobile app, we’ve created a seamless transition into automated banking and accounting. Coconut provides our customers with a fully integrated experience, combining everything you need to run a business in one simple product.
Every account comes fully equipped with:
- Expense management, with receipt capture.
Automatic business expense categorisation and in app guidance on tax rules, that tell you which transactions are tax deductible. Instant notifications when you spend reminding you to snap your receipt.
In-app notifications keep you on top of all important activity in your account, such as payments in and out and business expenses.
Coconut’s invoicing tool is an innovative feature designed to help you get paid on time. Their Companies House integration allows you to set up invoices within seconds, by looking up the client’s address and saving their details for future invoices. Overdue invoices are automatically marked as late and sorted by level of importance. Every invoice can be customised, from editing each line item to the way it looks.
Coconut is available on both iOS and Android through the App Store and Play Store.