Amaiz launches brand new banking app inspired by and for Entrepreneurs

London, United Kingdom: June 4, 2019

Amaiz, a UK-based FinTech enterprise, today launched its first business banking app for UK solopreneurs. With a business current account for sole traders, Amaiz makes running a small business more manageable by providing a sleek mobile app, financial health overviews, 24/7 in-app customer support and accountancy help. Today 27% of small business owners still do not have a separate bank account for business, according to the 2018 Clutch report. While technically sole traders can use their personal bank account for their trading activities, mixing personal and business expenses often means investing more time and effort into managing their cashflow and keeping records for tax compliance checks. It can be painful and very time consuming while business today demands speed and agility.

Managing your money properly is key to the success of your business. You need to have a clear picture of your cashflow, to be able to predict extra expenses, and to have a very accurate split between your personal and business finances. Having all business-related operations together in one place will help you run your finances easily and focus on what really matters – development and growth. This is what Amaiz is about.

– said Sergey Dobrovolskiy, Founder of Amaiz.

To facilitate all regular financial operations for this under-served UK business sector, Amaiz has developed an app that features bespoke tools to support agile, ‘always-on’ small businesses. Amaiz aims to release customers from time-consuming admin and paperwork by bringing together fast, convenient banking service with smart back-office and accounting tools.

Amaiz delivers:

Integrated banking solutions with:

Accounting and business support tools with:

A genuine understanding of a small business’ daily issues with:

56% of entrepreneurs confirmed that big corporate service providers do not understand the challenges of running a small business.

The startup-like mentality of Amaiz makes our product a highly convenient, seamless way to simplify and tidy up finances for small businesses; our personal approach helps business owners follow their dreams and bring them to life – because Amaiz has got your back.

– said Sergey Dobrovolskiy, Founder of Amaiz.

Free trials of Amaiz for solopreneurs will be rolled out between early June and the start of September, after which a flat monthly fee of £9.99 will apply.

About Amaiz

Amaiz recognises the challenges businesses face on a daily basis. To address these, Amaiz has developed a series of integrated solutions aimed at providing innovative support for entrepreneurs, so they can get back to what inspires them.

Headquartered in London, Amaiz currently operates in the UK market only. The unique Amaiz service is designed to eliminate the major problem encountered by sole traders when working with finances, namely not seeing a clear and informative enough picture of their economic situation and cashflow.

Amaiz Ltd (No. 900857) is an e-money institution under UK Electronic Money Regulations 2011; it is authorised and regulated by the Financial Conduct Authority and is a registered agent of PrePay Technologies Limited (No. 900010) which is an electronic money institution authorised by the Financial Conduct Authority for the issuing of electronic money and payment instruments.

Please visit www.amaiz.com for more information.

For more information, press only:

+44 808 164 6641

media@amaiz.com