Blogs and best practices from the world of Fintech
Exactly one year ago, Boyko and I set on a mission to create a company that becomes a billion dollar business and has a significant impact on the local ecosystem and economy. For the past one year, we managed to build a financial product and get to paying customers in 5 months, grew to a team of 10, have customers from 9 countries, deployed 131 new versions of our product with an average of 1.1 new version every working day, became a partner with Visa and Wirecard, raised angel and pre-seed rounds of €675,000 by 8 superstar angels and Eleven Ventures, and growing every day.
Everybody hates expense reports and administrative work that doesn’t add value to the business. It will be ideal to simplify administration and focus on what we do best - growing our business. But failing to organize expenses with accountants might result in paying a bigger price than you think.