Santander Group acquires bookkeeping fintech Albert to support UK small business owners

IBOS member Santander Group has announced the acquisition of Albert, which will allow the Group to further support UK small business owners in managing and growing their businesses through a range of financial and non-financial services.

Santander Group has acquired Albert in its entirety, which includes its team and technology, and the deal brings together the financial services capability of the Group with the proven, best in class invoicing and expenses customer experience  of the Albert app.

Albert’s customers will benefit from access to a wider range of innovative products and services being developed to support the self-employed and micro businesses. Together, the two companies address many of the key challenges faced by Britain’s small businesses using best-in-class, secure technologies.

Read the full press release via Santander here