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Mayday automates finance tasks for companies with multiple entities, including intercompany recharges and reconciliations.
Founded in 2021 by David Tuck and James Griffin, Mayday is based in the UK and develops software for finance teams managing multiple entities. Its products automate intercompany recharges, check intercompany loan accounts, and simplify bank reconciliations in Xero. In November 2023, it raised USD 1.4 million in venture funding led by Flying Fox Ventures. The company planned to use the funding to expand in Australia.
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