Brex and Navan Join Forces to Launch Business Travel and Payments Solution

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Written by Dr. Manisha Kharb

@Kharb

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navan fintech accounting for startups

Finding the right accountant for your fintech startup is more than just outsourcing your bookkeeping. You’re looking for a strategic partner who understands the unique financial terrain you’re operating in. The right firm will do more than just keep your books clean; they’ll provide the financial framework that supports your growth, keeps you compliant, and gives investors confidence. As you evaluate your options, focus on a few key areas to ensure you find a partner who can truly meet the demands of the fintech industry.

  • Dosh’s transaction-based advertising solutions give shoppers cash back on everyday purchases.
  • The fintech industry is undergoing a rapid transformation in 2025, as innovative startups are reshaping the way people and businesses manage, invest, and secure money.
  • As a venture-backed startup, you need a trusted partner who understands the complexities of scaling, funding, and operating a startup.
  • Losses moved higher again by 8% in the most recent six month period included in the filing, from $93 million for the six months ended July 31, 2024 to $100 million for the six months ended July 31, 2025.
  • Proper tax planning and preparation are vital to avoid penalties and maximize tax deductions.
  • Brex quickly rose to prominence in the fintech space after positioning itself as a digital bank account and card offering for startups.

Who are the typical users of Navan?

The trading firm has cultivated cutting-edge software systems that are continuously improved through Scrum and Agile methods. As a result, Belvedere Trading has the ability to quickly assess markets and manage financial risks when completing transactions. Stripe’s internet commerce platform provides tools for marketplaces, subscription services, e-commerce businesses and crowdfunding platforms. Millions of online businesses — including Pinterest, Warby Parker, Kickstarter, Instacart and Squarespace — have used the platform to manage payments and structure online billing processes.

navan fintech accounting for startups

Best Accounting Services for Fintech Startups

The firm had said at the time that its card-led automated expense management platform, Navan Expense, records more than 7.5x spend volume growth in Q2 FY23. In recent years, the company has supported card linking from more than 100 banks. A true fintech accounting partner helps you make strategic decisions by analyzing your financial data and spotting trends that can fuel your growth. By https://ecommercefastlane.com/accounting-services-for-startups/ effectively managing risks, they protect your startup’s financial health as you move through the unpredictable market. This level of insight turns your finance function from a cost center into a strategic asset that helps you scale with confidence.

Customers

Maybern is a fintech startup based in New York City that aims to modernize the private markets. The company’s fund management software provides a unified platform to replace outdated legacy systems and manual spreadsheets. It equips fund managers with intuitive and flexible tools to streamline fund operations and enable clients to focus on creating value for their investors. MoneyLion offers marketplace technology solutions, content and personalized products for the fintech industry. Its most popular money apps for consumers offer them curated finance content with a custom feed for financial learning and community. The company aims to guide users to their best financial decisions and make information accessible.

navan fintech accounting for startups

Plus, QuickBooks makes it easy to integrate with your payroll and time-tracking software, giving you a holistic view of your business’s financial position and performance. Before a venture capitalist, angel investor, or any other type of investor deploys money into your startup, they need a clear understanding of your startup’s financial position, business growth projections, and cash flow. In fact, even after you secure funding for your startup, you will need these numbers to report the financial performance of your company to investors. Narmi develops software products that financial institutions use to deliver optimized digital banking experiences for businesses and consumers. For example, Narmi offers a business account opening solution that features simplified customer onboarding and enables fast verification of business details.

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Early-stage fintechs often can’t afford a full-time CFO, but they desperately need the high-level financial strategy one provides. An outsourced accounting partner can fill this gap, acting as a strategic advisor. Rillet builds an AI-native ERP platform to automate accounting for companies with complex revenue models. Their software helps finance teams handle intricate financial data, allowing for a faster and more accurate financial close. The fintech industry is undergoing a rapid transformation in 2025, as innovative startups are reshaping the way people and businesses manage, invest, and secure money.

navan fintech accounting for startups

For example, the company’s suite of tools for retailers can help with managing inventory and syncing in-store and online operations. Square also offers contactless hardware like its Square Terminal for taking payments and printing receipts. Avant provides personal loan, credit card and mobile bank services for middle-income consumers. The personal loans are largely a resource for customers to access funds for things like consolidating debt or paying unexpected bills. Avant requires a simple application and approves loans in as little as one day.

Empowering Finance and Accounting Teams Worldwide

Dosh’s transaction-based advertising solutions give shoppers cash back on everyday purchases. Consumers can download Accounting Services for Startups: Strengthen Your Financial Management the company’s app and connect it with their existing cards so they can start earning rewards from their favorite brands. The company is currently partners with companies like Instacart, Asos, Walmart and World Market. An added facet of fintech companies is brokering investment transactions, informing consumer investors, and providing specific advisory services. Fulfilling these types of services will require the creation of additional entities, usually subsidiaries, registered with the applicable authorities.

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