Apron

Apron

Sort, pay and reconcile your invoices in seconds. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$60—90m (Dealroom.co estimates Sep 2023.)
Company register number 13779960
London England (HQ)
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DateInvestorsAmountRound
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N/A

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*

$5.5m

Seed
*

$15.0m

Series A
Total Funding$20.5m

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Apron is a fintech company that specializes in simplifying invoice management and payment reconciliation for small businesses. Operating primarily in the financial technology sector, Apron serves business owners who need to manage their supplier payments efficiently. The platform allows users to sort, pay, and reconcile invoices in seconds, directly from their bank accounts. By integrating with accounting software like Xero, Apron ensures instant reconciliation, reducing administrative burden and improving cash flow. The business model is based on providing a subscription-based service that offers significant time savings and operational efficiency for its clients. Apron generates revenue through subscription fees and possibly transaction fees, depending on the volume of payments processed. The company aims to transform payments from a barrier to a booster for small businesses, allowing them to focus on growth rather than administrative tasks.

Keywords: fintech, invoice management, payment reconciliation, small businesses, efficiency, cash flow, Xero integration, subscription service, financial technology, supplier payments.