Automated bills management fintech Gobbill Australia is eyeing an offshore expansion in 2020 with plans to launch in the United Kingdom.Gobbill founder and chief executive Shendon Ewans told Banking Day that the company had been scoping the British market for some time and had begun to lay the groundwork for taking the business to Scotland and England.Gobbill, which operates out of the Stone & Chalk innovation hub in Melbourne, was established in 2015 with a view to streamlining the administration tasks of bookkeepers and accountants.It offers a robot-driven digital assistant that enables bookkeepers to access clients' bills and bank accounts through a single platform, rather than through multiple logins with different billers and banks.Gobbill is being marketed as a solution for reducing bill payment fraud for accounting professionals.No bill can be paid through the Gobbill platform before an algorithm authenticates an invoice sent to a firm's email address.This removes the risk of a bookkeeper inadvertently meeting requests to pay fraudulent billers.Apart from creating more productive bookkeeping routines that save time, Gobbill is also aiming to build a real time financial record keeping service by assembling a client's bank accounts held at one or more institutions on a single screen.The platform has won backing from Microsoft Australia's startup program and was one of the first startups to win recognition from the Australian Tax Office as an Early Stage Innovation Company.The favourable ATO ruling means that investors in Gobbill are eligible for capital gains tax exemptions on their investments in the company.In approving Gobbill's official tax status as an innovation company, the ATO acknowledged that the firm's business technology had "a wider global addressable market".While Gobbill has pursued a low key strategy for developing its business case, that is all about to change with the company poised to make a concerted pitch to professional investors in the coming months."We're looking to tap Australian investors in the next few months and hope to close out a round in the UK by the end of the year," Ewans said."We started to generate revenue from the business in January and we expect to be cash flow positive towards the end of 2020."Ewans indicated the push into the UK was being complicated by Brexit, which he said had dampened investor support for new business cases."There's no doubt in my mind that Brexit is stifling investment confidence, right now," he said."Our preference is to establish a base in either Manchester or Edinburgh, but we may have to consider Dublin given we have aspirations to eventually take the business to mainland Europe."