Leading business bank account brand ANNA Money has secured a £10m growth debt facility from international tech investor Flashpoint as the UK fintech accelerates its expansion ahead of major changes to the UK tax system under Making Tax Digital (MTD).
The funding comes as ANNA hits £30m in annual recurring revenue and prepares to support up to 850,000 self-employed people and landlords who will be affected by MTD for Income Tax Self Assessment from April 2026.
The London-based company offers an AI-powered, all-in-one platform that combines a business account with invoicing, payroll, tax and day-to-day admin tools. The latest funding will be used to scale its AI-driven “Auto Accountant” technology, which automatically prepares and submits quarterly digital tax updates and end-of-year declarations using HMRC-approved software.
Commenting on the deal, ANNA Money co-founder and co-CEO Eduard Panteleev said the funding arrives at a pivotal moment for small businesses. “As MTD for Self Assessment comes into force for around 850,000 self-employed people and landlords next year, demand for smart, automated accounting is accelerating fast,” he said, adding that ANNA’s AI systems allow a single human accountant to oversee up to 12,000 businesses.
Denis Mosolov, Managing Partner at Flashpoint Growth Debt, said: “ANNA Money combines strong fundamentals, clear product-market fit and highly efficient scaling through technology.”
Flashpoint managing partner Denis Mosolov said ANNA is well positioned to lead the shift towards AI-powered accounting, citing strong product-market fit and the structural changes being driven by MTD.
What is ANNA Money?
ANNA Money is an AI-powered fintech platform designed for UK small businesses, freelancers and contractors. It provides a business account alongside invoicing, expense tracking, payroll, tax calculations and automated MTD submissions, aiming to replace the need for traditional accounting services for many users.
Who owns ANNA Money?
ANNA Money is founder-owned and privately held. It was founded by serial entrepreneurs Eduard Panteleev and Boris Diakonov, who both serve as co-founders and co-CEOs.
Is ANNA Money trustworthy?
ANNA Money is widely used, supporting more than 100,000 UK SMEs and serving over 50,000 active customers each month. It is rated 4.5 out of 5 as “Excellent” on Trustpilot and has featured in Bloomberg’s “25 Startups to Watch,” Deloitte’s Fast 50 and The Sunday Times 100 Tech list.
Who is the CFO of ANNA Money?
ANNA Money has not publicly named a standalone Chief Financial Officer, with financial leadership currently managed within its senior executive team.
ANNA expects 2026 to be a breakout year as it scales its AI accounting platform across the UK, with a longer-term ambition to reach £100m in revenue.
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