Joiin, the UK-founded financial reporting and consolidation platform, has secured €1.5m in growth financing, a deal designed to strengthen its go-to-market strategy and support its next stage of international growth.
The capital has been provided by Gilion, a firm that specialises in flexible, non-dilutive growth funding for technology businesses. The injection is intended to widen Joiin’s commercial capacity, help it enter fresh markets and allow it to respond to rising appetite for more intelligent financial reporting and consolidation tools.
Established in the UK in 2018, Joiin has grown into a profitable and cash-generative operation relied upon by thousands of organisations worldwide. Its platform pulls together financial and non-financial information from providers such as Xero, QuickBooks and Sage, giving finance teams a real-time picture of how their business is performing across different entities, currencies and systems.
Demand for the platform has continued to build as finance teams look for simpler ways to consolidate and report on their numbers without having to overhaul their existing finance software. Because Joiin operates as a genuine multi-ledger, multi-entity system, businesses can keep different accounting platforms running across various markets and entities while still viewing all of their data in one unified format.
Much of this momentum has come from the steady broadening of Joiin’s fintech ecosystem. In the last year alone, the company has added new integrations with FreeAgent, MYOB, Zoho Books, Fortnox and Stripe, building on existing connections with Xero, QuickBooks, Intuit Enterprise Suite and Sage.
Joiin has also introduced forecasting functionality, Microsoft Excel and BI connectivity, API access and Joiin Intelligence, an AI-driven reporting feature built on the company’s secure data layer that lets AI tools work across connected entities and systems to support sharper reporting, consolidation and analysis. The company has continued to deepen its partnerships across accounting and FinTech more broadly, helping it reach new markets and giving finance teams additional routes to connect their data.
Joiin CEO and co-founder Lucien Wynn said, “We’ve built Joiin into a profitable, cash-generative business, with a product and reputation we’re incredibly proud of. This investment gives us the firepower to accelerate our go-to-market, reach more finance teams globally and move faster to capture the opportunity ahead.”
Gilion VP Origination Nikolaj Sørstrup Jørgensen said, “Joiin has made itself part of how finance teams close the month, and it shows in the numbers. A genuinely diverse customer base, retention that stays stable year after year, and new cohorts landing like clockwork. That’s the kind of predictability we want to back.”
Investors
The following investor(s) were tagged in this article.
