OverviewSuggest Edit

Receipt Bank is a bookkeeping platform connecting accountants, bookkeepers, and businesses. The company helps to capture, process, and share financial information instantly. Its AI-powered OCR technology and human verification aim to turn documents into digital data quickly and accuratey. 



TypePrivate
Founded2010-08-20
HQLondon, GB
Websitereceipt-bank.com
Employee Ratings3.7
Overall CultureC+

Latest Updates

Employees (est.) (Nov 2020)410
Revenue (FY, 2018)£18.6 M(+60%)
Cybersecurity ratingBMore

Key People/Management at Receipt Bank

Christine Mullin

Christine Mullin

Chief Financial and Operations Officer, Board Member
Adrian Blair

Adrian Blair

Chief Executive Officer, Board Member
Jason Ewell

Jason Ewell

Board Member
Michael Wood

Michael Wood

Director & Co-Founder
Philip Robert-Tissot

Philip Robert-Tissot

Non-Executive Director
James Green

James Green

Board Member
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Receipt Bank Office Locations

Receipt Bank has offices in London and Washington
London, GB (HQ)
99 Clifton St, Shoreditch
Washington, US
1805 7th St NW 8th floor
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Receipt Bank Financials and Metrics

Summary Metrics

Founding Date

2010-08-20

Receipt Bank total Funding

$138 m

Receipt Bank latest funding size

$73 m

Time since last funding

a year ago

Receipt Bank investors

Receipt Bank's latest funding round in January 2020 was reported to be $73 m. In total, Receipt Bank has raised $138 m
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Receipt Bank Revenue

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Receipt Bank's revenue was reported to be £18.62 m in FY, 2018
GBP

Revenue (FY, 2018)

18.6m

Gross profit (FY, 2018)

16.2m

Gross profit margin (FY, 2018), %

87%

Net income (FY, 2018)

(17.1m)

EBIT (FY, 2018)

(17.5m)

Cash (31-Dec-2018)

4.2m
GBPFY, 2017FY, 2018

Revenue

11.7m18.6m

Cost of goods sold

1.8m2.4m

Gross profit

9.9m16.2m

Gross profit Margin, %

85%87%
GBPFY, 2014FY, 2015FY, 2017FY, 2018

Cash

1.2m361.0k10.1m4.2m

Accounts Receivable

44.2k167.0k1.3m2.1m

Current Assets

1.6m1.9m13.2m9.2m
GBPFY, 2014

Financial Leverage

1.3 x
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Receipt Bank Operating Metrics

Receipt Bank's Users was reported to be 50 k in Jan, 2020.
Jan, 2020

Users

50 k
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Receipt Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Receipt Bank Online and Social Media Presence

Embed Graph

Receipt Bank Company Culture

  • Overall Culture

    C+

    72/100

  • CEO Rating

    B

    76/100

  • Compensation

    F

    45/100

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Receipt Bank Blogs

Data Security and Cloud Accounting: How to Start a Client Conversation

More than 73% of Canadian organizations have moved to the... The post Data Security and Cloud Accounting: How to Start a Client Conversation appeared first on Blog.

The Receipt Bank Awards 2020: Here are all the winners

Last week, we hosted our first ever Receipt Bank Awards... The post The Receipt Bank Awards 2020: Here are all the winners appeared first on Blog.

Advisory made simple: What does advisory mean in today’s digital world?

A guest blog post by James Watson, Director at PennyBooks... The post Advisory made simple: What does advisory mean in today’s digital world? appeared first on Blog.

Expert tips on taking your first steps into business advisory

Nicole Rousseau is Head of PFK Ignite, a cloud accounting... The post Expert tips on taking your first steps into business advisory appeared first on Blog.

Value-Based Pricing Webinar Series: A Ron Baker recap

After two successful webinars, our partnership with pricing expert Ron... The post Value-Based Pricing Webinar Series: A Ron Baker recap appeared first on Blog.

How Counsellor and Accountant Melanie Schroeder Approaches Business Wellbeing

Melanie Schroeder is a Canadian Registered Professional Counsellor and a... The post How Counsellor and Accountant Melanie Schroeder Approaches Business Wellbeing appeared first on Blog.
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Receipt Bank Frequently Asked Questions

  • When was Receipt Bank founded?

    Receipt Bank was founded in 2010-08-20.

  • Who are Receipt Bank key executives?

    Receipt Bank's key executives are Christine Mullin, Adrian Blair and Jason Ewell.

  • How many employees does Receipt Bank have?

    Receipt Bank has 410 employees.

  • What is Receipt Bank revenue?

    Latest Receipt Bank annual revenue is £18.6 m.

  • What is Receipt Bank revenue per employee?

    Latest Receipt Bank revenue per employee is £45.4 k.

  • Who are Receipt Bank competitors?

    Competitors of Receipt Bank include Digital Assets Data, PoshVine and Phrontier Software.

  • Where is Receipt Bank headquarters?

    Receipt Bank headquarters is located at 99 Clifton St, Shoreditch, London.

  • Where are Receipt Bank offices?

    Receipt Bank has offices in London and Washington.

  • How many offices does Receipt Bank have?

    Receipt Bank has 2 offices.