Money Squirrel, a revolutionary new fintech, today proudly unveils its innovative app, designed to help businesses take control of their finances and make their hard-earned cash work harder. Money Squirrel’s platform is powered by Open Banking technology to empower businesses by automating savings for future payments, like VAT, into market-leading interest accounts.

“As a founder, I experienced first-hand the frustrations of managing cash flow—spending countless hours calculating VAT and budgeting for future expenses,” says Andreea Daly, Founder and CEO of Money Squirrel. “I created Money Squirrel to take that worry off the table, freeing founders to focus on growing their businesses.”

Money Squirrel promises to transform how businesses handle their finances by empowering businesses to:

• Never miss a payment again: Seamlessly “squirrel away” money for future obligations and always stay prepared.
• Save time for what matters: Automatically calculate VAT and allocate funds with ease.
• Make your money work harder: Earn market-leading interest rates on funds earmarked for future expenses.

Money Squirrel’s journey has been championed by the SHIFT Open Finance Community, an influential network of 370 fintech founders and industry leaders. Through its prestigious Ignite programme, SHIFT invests in just two standout businesses each year. Following a rigorous selection process, Money Squirrel emerged as the sole recipient of Ignite’s backing.

Kyle Masterson, Head of SHIFT and Co-founder of Ignite, praised the venture: “Andreea’s vision for Money Squirrel perfectly aligns with SHIFT’s mission to move finance forward. This platform has the potential to empower millions of businesses to take charge of their finances with confidence.”

Money Squirrel is now available for businesses across the UK. Sign up and try it for free today: www.moneysquirrel.uk