Countingup – which officially launched earlier this month – provides small businesses with easy accounting and business banking.

The Countingup business current account gives businesses a UK sort code and account number, complete with Mastercard, to enable them to begin operations immediately.

It also offers dedicated packages designed specifically for start-ups, freelancers, contractors, self-employed sole traders and limited companies to meet their banking needs.

PPS is providing Countingup with the banking infrastructure required to offer this complete service.

“Countingup is brand new to the market and offers a truly innovative service to small businesses, which is why we are so pleased to support it in launching in just 12 weeks,” said Ray Brash, CEO at PrePay Solutions.

“Working together, we've been able to provide a mobile banking system tailored to meet the specific needs of the UK's large and fast-growing SME sector.

“We are focused on continuing to support Countingup in providing businesses with the services they need to achieve success, whatever market they are in.

“We've no doubt that the alliance will develop with the implementation of additional, high-performance banking products, as we find new solutions to meet businesses' changing needs.”

Tim Fouracre, founder and CEO at Countingup (pictured above), added: “With PPS's support, we are able to provide small business owners with access to banking services designed to streamline the tax return process and minimise their operating costs.

“We had a host of requirements for our partnership, but PPS understood our needs straightaway, enabling us to deliver on our commitment to offer our customers accounting and banking in one place, giving them a simple way to run their businesses.”