Amsterdam’s Actuals Raises €3M To Accelerate Financial Automation

The company offers solutions for financial teams dealing with inconsistent data and manual processes, streamlining workflows through automation and integration to tackle growing challenges in financial data management.

Founded by Peter Engel, Stefan de Kraker and Peter Lem, Actuals is recognized for making financial operations simpler, handling high-volume transactions, and solving common finance team challenges. The recent funding reflects growing demand for fintech solutions that streamline workflows, reduce manual work and integrate smoothly across finance departments.

Holland Capital, with over 40 years of experience investing in sectors like Healthcare and Technology, views Actuals as addressing a key gap in finance operations. By enhancing transaction management, the company presents an attractive opportunity for investors focused on the digital finance space said Holland Capital Partner Jorg van der Heijden.

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“Holland Capital is investing in Actuals because the company solves a painful and growing problem with proven technology and deep domain expertise.”

Actuals addresses these challenges with a software platform that seamlessly connects order, payment, and accounting systems, reducing errors and manual corrections. The platform automatically reconciles transactions, preventing discrepancies that can delay financial reporting.

By automating complex workflows Actuals helps companies maintain accurate financial records, supports regulatory compliance and streamlines audits, boosting efficiency for finance teams.

Peter Engel, CEO of Actuals highlighted the company’s mission: “We founded Actuals because we saw how finance teams were struggling with endless manual checks. Our mission is clear to ensure that every transaction is processed correctly and transformed into reliable accounting data.”

This mission highlights Actuals’ commitment to improving financial data accuracy through innovative solutions. The platform acts as a safeguard against common discrepancies helping organizations stay compliant and increase efficiency. With ongoing product development and market growth, Actuals is poised to make a significant impact on the fintech landscape.

About Actuals

Founded in 2016, Actuals provides an accounting engine for transaction-heavy, digital-first companies. The platform transforms raw transactions and online payments into accurate, auditable entries, enabling reliable ledgers, faster closes, P&L integrity and full audit traceability, surpassing the capabilities of traditional ERP systems.