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Acctual joins Altitude to bring invoicing to the global operating account

2 min read
Acctual joins Altitude to bring invoicing to the global operating account

The future of business finance is global by default and connected by design.

Acctual, the invoicing and bill pay platform that raised the standard for how financial software should feel, will be joining Altitude to build invoicing into the global operating account and take bill pay further.

The best financial stack is no stack at all

Business finance will not be rebuilt by adding another tool to the stack. It will be rebuilt by replacing the stack.

Altitude is building that new system by bringing accounts, payments, cards, and financial operations into one global operating account. Invoicing is the next step in closing the loop between how businesses request money and how they receive, manage, and account for it.

Complex work deserves to feel effortless

Getting paid is one of the most important parts of running a business. Yet invoicing is still one of its most neglected workflows.

Most platforms stop at functional. Acctual did not. The team combined deep knowledge of invoicing and bill pay with software that is as thoughtfully designed as it is enjoyable to use. We have long admired both the product and the people behind it. Bringing that depth of expertise into Altitude is how we take these workflows much further.

The path to autonomous finance begins by closing the loop

Bringing invoicing into Altitude connects the request for money to the accounts, payments, and transaction data behind it. Businesses can see what is owed, what has been paid, and what needs attention from the same place they manage their money.

That connection also gives AI the context it needs to act reliably. A payment alone shows that money moved, not what it was for, which invoice it belongs to, or what approvals govern it. When invoices, payments, accounts, and approvals live in one system, AI can follow up on receivables, match payments, and reconcile transactions within the controls set by the business.

Altitude Invoicing is live and ready to explore, giving businesses one place to create invoices, receive payments, and track what has settled.

This is the bigger ambition behind bringing Acctual into Altitude: less financial work spread across disconnected tools, and more of the operation running automatically from one connected system.

Disclaimers

  1. Footnote 1.

    Altitude is a self-custodial digital asset account (the "Altitude Account") provided by Selimor Investments Limited ("Squads"), a financial technology platform. Squads is not a bank or digital asset custodian. Squads provides software that enables eligible businesses to establish Altitude Accounts and conduct transactions using stablecoins.

  2. Footnote 2.

    Squads does not take custody of customer funds. Stablecoin balances are held in self-custodial wallets controlled by the customer through cryptographic keys.

  3. Footnote 3.

    Squads does not provide banking services. Connectivity to banking rails, including ACH, SEPA, Wire and SWIFT, is made available through third-party partners.

  4. Footnote 4.

    Stablecoins available through Altitude are issued by third parties. Squads is not a stablecoin issuer, does not make any promise and does not have any obligation to redeem stablecoins. Reserves backing stablecoins are held by the issuers, not by Squads.

  5. Footnote 5.

    Balance information denominated in fiat currency is for informational purposes only. Stablecoin balances are not bank deposits and are not insured by the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC) or any other government agency.

  1. Footnote 6.

    Eligible Altitude Account customers may earn rewards based on use of the services and the Altitude Account. Rewards are not interest and the Altitude Account is not an interest-bearing or yield-generating product. Rewards are not available in certain jurisdictions. Eligibility, rates and terms are determined at the time of enrollment and are governed by the Altitude Supplemental Terms.

  2. Footnote 7.

    FX and cross-border payment services are made available through partners. Exchange rates and applicable fees are disclosed at the time of transaction. Squads does not provide foreign exchange dealing services directly.

  3. Footnote 8.

    Services are available only to eligible businesses in supported jurisdictions and are subject to identity verification, business verification (KYB), sanctions screening and ongoing compliance monitoring. Certain products are subject to additional jurisdictional restrictions. Squads reserves the right to decline or terminate services in accordance with applicable law and its terms of service.

  4. Footnote 9.

    The Altitude Card Cashback Rewards Program is operated and funded by Squads. Subject to Altitude Card Cashback Rewards Program terms.

  5. Footnote 10.

    For more information, see the Squads Terms of Service, the Altitude Supplemental Terms, the Privacy Policy, and the terms of service of relevant third-party service providers.