Audit software firm raises €700,000 for expansion

Circit, the fintech company that aims to speed up financial audits by up to 80 per cent, has raised €700,000 ahead of a move into Britain.

Escher Group led the funding round with Enterprise Ireland among a number of angels, several of whom are from the accountancy industry.

Circit’s software allows for real-time audit confirmations which allows for faster processing compared to paper-based methods. It was founded by David Heath, a chartered accountant ...