Danish startup Hufsy joins with solarisBank on SME banking platform
20 April 2017 | 4146 views | 0
The Danish fintech startup Hufsy is ready to offer fellow startups a banking service beyond what they are used to.
By working with the fully licensed solarisBank as their banking partner, the company will change the way SMEs experience banking and gradually welcome users during 2017.
● Hufsy is a banking platform tailored to startups. It is a one point entry and therefore an easy and timesaving way for small businesses to handle finances.
● Hufsy utilises artificial intelligence to give users the best financial overview. ● 45% of startups think financial institutions lack flexibility.
● 30% of German startups are located in Berlin and the region have 177,000 small businesses which is why Hufsy focuses on Berlin as their first market.
● Hufsy is founded by software engineer, Rafal Lipinski, and entrepreneur, Maria Flyvbjerg Bo.
● Former CTO of Fidor Bank, Frank Schwab, is the chairman of Hufsy.
CEO and founder at Vehiculum, Lukas Steinhilber “A dashboard that gives me an overview of how our business is doing, is definitely a feature that is valuable to have when running our startup. That instant overview of my business’ financial health will save me a lot of time.”
CXO at Hufsy, Maria Flyvbjerg Bo “Hufsy is a banking platform and financial tool for startups, developed by a startup. We know the pain of handling finances, doing accounting and reporting tax, which is why we believe we can do it better than the traditional banks.”
CCO & Co-Founder at solarisBank Marko Wenthin “Especially in the beginning, startups are well-advised to focus mostly on their product. To work with a banking partner, who takes care of all regulatory and industry specific tasks while having the same startup mindset, is a huge advantage for young companies. We are glad to empower innovative solutions like Hufsy as their fully licensed banking partner.”
Fintech expert and Hufsy Chairman Frank Schwab “A couple of years ago most fintechs focused on consumer banking. This trend has changed and we now see more services targeting businesses. The SME segment has been neglected but this is changing.”