ANNA Money unveils product expansion as SMEs face rising tax and admin pressures
ANNA Money, the AI-powered business account that does taxes automatically, has today unveiled a suite of product updates, headlined by the launch of its new business savings bank account, as it continues its mission to simplify financial admin for UK SMEs navigating growing tax complexity and operational pressures.
The announcements reflect ANNA’s ongoing focus on listening to small business needs and rapidly building tools that remove friction across every stage of running a business – from getting set up, to managing money, to filing taxes.
New business savings bank account brings smarter money management to SMEs
At the centre of today’s announcement is the launch of ANNA Money’s new business savings bank account, delivered in partnership with Griffin, the UK’s leading bank for fintechs and platforms. The account is FSCS protected and offers a promotional 3.66% AER* interest rate across all pricing plans (variable, within the first 3 months of opening the account), helping small businesses earn more on the money they’re not immediately using, while keeping funds accessible and seamlessly connected to their everyday business finances.
Built with the realities of small business cash flow in mind, the account allows customers to set money aside for things like tax bills or future expenses without locking it away. This gives them the flexibility to move funds between their business account and savings whenever they need. Fully integrated within the ANNA app, it removes the need to manage separate providers, offering a single, streamlined view of both spending and saving in one place.
In line with ANNA’s broader mission to reduce financial admin, the account is designed to be simple to use, with no complex setup, no unnecessary paperwork and clear visibility over how much businesses are earning on their balances. By combining a business account, a business savings bank account and tax and admin tools in one platform, ANNA is helping small businesses manage their money more effectively, without adding to their workload.
*Rate is variable and tracks the Bank of England interest rate. The savings business bank account is provided by Griffin, subject to eligibility. Eligible deposits of up to £120,000 are protected by the FSCS
From sign-up to tax filing: removing friction at every step
Alongside the savings launch, ANNA – which just picked up the trophy for Accounting Tech of the Year at the UK FinTech Awards 2026 – has rolled out a series of new features designed to tackle common pain points for small businesses:
- Faster identity checks with Open Banking: Customers can now verify their identity by linking an existing bank account, speeding up onboarding while maintaining strong security.
- Expanded tax filing with partnership income support: Business partners can now file personal tax returns through ANNA, with guided steps and automatic calculations.
- AI-powered credit card expense tracking: Users can now upload credit card statements and ANNA’s AI will automatically extract and categorise transactions.
Building the ‘one-stop shop’ for business finance
Together, these updates mark a significant step forward in ANNA’s ambition to become the go-to financial platform for small businesses; combining business account, business savings bank account, tax and admin tools all in one place.
“Small business owners are dealing with increasing complexity, from tax changes to rising administrative burdens,” said Boris Diakonov, Co-Founder and Co-CEO at ANNA Money.“Our job is to remove that pressure wherever we can. Every product we launch is shaped by what our customers tell us they need, whether that’s faster onboarding, simpler tax filing or better ways to manage their money.”
Diakonov added: “With the launch of our business savings account and this latest set of updates, we’re continuing to build towards a future where business owners can run everything from one place – without the usual friction. Our award win reflects our continued innovation in this space.”
The new features build on ANNA’s reputation as an AI-first fintech, rapidly developing and deploying tools that solve real-world problems for SMEs. With more updates planned – including additional tax support for landlords and multiple income streams – the company shows no signs of slowing its pace of innovation.
