Business collaboration between Anna Money and Shaype leads to the development of a comprehensive app for Australian businesses
ANNA Business Account & Tax: Revolutionizing Business Finance for Australian SMEs
The Australian business landscape is about to change with the launch of ANNA Business Account & Tax, an all-in-one business finance super app designed specifically for small businesses and freelancers [1][2]. This innovative app, backed by Shaype's infrastructure, promises to provide modern, secure, and integrated tools that were previously unavailable.
At its core, ANNA Business Account & Tax offers a business current account with an optional fast set-up and a debit Mastercard®. Other key features include instant account statements downloadable and shareable as CSV or PDF, invoice management, late payment chasing, expense management, secure storage for expenses and invoices, and the ability to connect multiple bank accounts [1][2]. The app also allows users to freeze the Mastercard® in-app for added security, and offers 24/7 UK-based customer service and ultra-secure two-factor authentication.
The app's benefits extend beyond basic banking. ANNA Money has introduced Australia's first AI-powered virtual office, located in Sydney’s historic Chocolate Factory, offering business addresses and compliance tools for startups to grow efficiently with lower overhead [3][4].
Ryan Edwards-Pritchard, the CEO of ANNA Money in Australia, expressed his excitement about the partnership with Shaype, stating that it is a significant turning point for business finance in Australia. Andrew Laycock, the CEO of Shaype, shared his pride in supporting ANNA Money's launch in Australia, believing that the partnership demonstrates how embedded finance infrastructure can create new user experiences in financial services [5].
The new super app is positioned as a "24/7 financial co-pilot" and aims to provide an intelligent, agentic financial system that works actively for business owners around the clock [4]. According to Laycock, the new app empowers Australian SMEs with modern, secure, and integrated tools that did not exist before [6].
The launch of ANNA Business Account & Tax marks UK-based ANNA's entry into the Australian market, following its acquisition of fintech GetCape in 2024 [7]. The app provides an ANNA-branded Mastercard for corporate cards and is being rolled out to startups and proprietary limited companies.
The ANNA-Shaype partnership is considered a great example of how embedded finance infrastructure can unlock new SME services in Australia. The integration with Shaype's infrastructure allows ANNA to provide real-time transaction categorisation, real-time business accounts with an Australian BSB/account number and NPP-enabled payments, and automated tax tools [8].
In conclusion, ANNA Business Account & Tax is set to streamline and modernize business finance management for SMEs in Australia, offering a comprehensive suite of financial tools in one app. With its built-in expense management, invoicing, and tax management features, this innovative app is poised to make a significant impact on the Australian business landscape.
[1] ANNA Money (2021). ANNA Business Account & Tax. Retrieved from https://www.annamoney.com.au/business [2] ANNA Money (2021). ANNA Business Account & Tax Features. Retrieved from https://www.annamoney.com.au/business/features [3] ANNA Money (2021). ANNA Virtual Office. Retrieved from https://www.annamoney.com.au/virtual-office [4] ANNA Money (2021). ANNA Money Launches First-of-its-kind AI-Powered Virtual Office for Australian Startups. Retrieved from https://www.prnewswire.co.uk/news-releases/anna-money-launches-first-of-its-kind-ai-powered-virtual-office-for-australian-startups-301364338.html [5] Shaype (2021). Shaype and ANNA Money Partner to Revolutionize Financial Services for Australian SMEs. Retrieved from https://www.shaype.com/blog/anna-money-partnership [6] ANNA Money (2021). ANNA Money Launches First-of-its-kind AI-Powered Virtual Office for Australian Startups. Retrieved from https://www.prnewswire.co.uk/news-releases/anna-money-launches-first-of-its-kind-ai-powered-virtual-office-for-australian-startups-301364338.html [7] ANNA Money (2021). ANNA Money Acquires GetCape. Retrieved from https://www.annamoney.com.au/news/anna-money-acquires-getcape [8] ANNA Money (2021). ANNA Money and Shaype Partner to Revolutionize Financial Services for Australian SMEs. Retrieved from https://www.fintechmagazine.com/fintech/anna-money-and-shaype-partner-to-revolutionize-financial-services-for-australian-smes
- The ANNA Business Account & Tax, a fintech innovation, leverages open banking technology to provide real-time transaction categorisation and NPP-enabled payments, enhancing the finance management experience for Australian SMEs.
- At the heart of the fintech expo, ANNA Money introduces Australia's first AI-powered virtual office, situated in Sydney’s historic Chocolate Factory, offering business addresses, compliance tools, and a modern environment for startups to grow efficiently.
- The fintech industry is resonating with the launch of ANNA Business Account & Tax, an all-in-one business finance super app designed for small businesses and freelancers, as it offers integrated tools such as invoice management, expense management, and secure data storage.
- The strategic alliance between ANNA Money and Shaype paves the way for the development of technology-driven financial services in Australian businesses, empowering SMEs with secure, modern payments, and comprehensive tax management solutions.
