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Key people at Kontolink.
Kontolink, based in Copenhagen, Denmark, provides an app that automates accounting and bookkeeping for small businesses by leveraging AI and machine learning to collect receipts and match them to bank transactions. This B2B SaaS platform aims to eliminate manual data entry, reduce errors, and ensure up-to-date financial records for its users. Key features include Kontosnap for verifying receipt photos and Kontohub, which offers accountants a centralized overview of their client companies. Kontolink currently serves over 5,000 small business customers and maintains a team of 15 employees. The company has secured €1 million in seed funding, with investor Torben Frigaard Rasmussen participating in their rounds. Kontolink was founded in 2018 by Kim Agger and Jens Sørensen. Its business model centers on B2B SaaS model with packages like bookkeeper/accountant subscriptions, funded by seed investment.
Key people at Kontolink.
Kontolink is a Danish fintech company that builds an AI-powered app automating accounting for small businesses by automatically collecting, matching, and attaching receipts and invoices to bank transactions. Serving over 5,000 small business customers, Kontolink simplifies bookkeeping by eliminating manual receipt tracking and reconciliation, saving time and reducing errors. Its product integrates with email, Dropbox, and bank data to provide real-time, accurate accounting entries, supporting seamless VAT filing and bookkeeping processes[1][2][4].
Founded in 2018 by Kim Agger (CPO) and Jens Sørensen (CEO), Kontolink emerged from Agger’s vision to automate tedious bookkeeping tasks, enabling accountants and business owners to focus on more valuable activities. Early development began in 2018, with the app gaining traction about a year later. The company has grown steadily, employing around 15-36 people and raising approximately €1 million in seed funding, maintaining a flat organizational structure that fosters innovation and learning[1][2][3].
Kontolink rides the growing trend of AI-driven automation in fintech, particularly targeting the underserved small business accounting segment. The timing aligns with increasing digitalization demands and regulatory complexity in bookkeeping and VAT compliance. By automating receipt collection and reconciliation, Kontolink reduces friction in financial administration, enabling small businesses to operate more efficiently. Its integration with popular accounting platforms and cloud services positions it as a key enabler in the shift toward fully automated, real-time bookkeeping ecosystems[1][2][4].
Looking ahead, Kontolink is poised to expand its customer base and deepen AI capabilities to further streamline accounting workflows. Trends such as increased adoption of cloud accounting, AI in finance, and regulatory digitization will shape its growth trajectory. Kontolink’s focus on user experience and automation positions it well to influence how small businesses manage financial data, potentially evolving into a broader financial operations platform. Continued innovation and scaling could see it become a vital partner for accountants and SMEs navigating the complexities of digital finance[1][2][4].
