First post.
Here we are again, back at the financial technology space, but this time with lessons learned.
For the last few years, Jason and myself have been burying deep while we get the right product, for the right time, to the right market. That time is now.
For me, this isn’t my first foray into the fintech space, where I’ve had two really great (and not so great) experiences founding companies and have many thanks to amazing individuals who have supported me along the way - founded PAPERKUT (providing paperless receipts in your internet banking experience - acquired by Antipodean Labs, San Francisco in 2014) and co-founded Common Ledger with Vince Warnock (connecting accountants to their clients, no matter the accounting product - exited 2017).
Those two ventures brought me almost 10 years of exposure to financial technology, banking, accounting, growing business and the world of capital raising. At the same time, I had two children who both had health issues, and trying to be the sole income for the family at the same time. I burned out.
But that was years ago, and I’ve had amazing time with my family, time to recover, amazing experiences in government, private sector & advising. Now it’s time to talk about what we’ve been up to with someone I’ve wanted to work with for a long time - Jason Danner.
It’s time to get serious again, and with what I think is a seriously great offering to the accounting software space that will bring in the new step - automation.
Having spent time observing the fintech space in the years I’ve been away from it - I’ve been talking with people who have since left Xero and MYOB, learning issues in each of those companies and products, testing concepts and product models, plus the timing in the market around what’s achievable, now’s the right time with what we’ve done.
So this is my first post of many about Usable Balance, the industry, related news, and highlighting what we find interesting. Expect to hear from not just myself, but Jason and Stokes who has just joined us - which they can introduce themselves in their own reckons.
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