NAME OF STARTUP: BUXFER
FOUNDED IN (Year): 2007
FOUNDER’S NAME: Shashank Pandit
THE IDEA: What is the problem being solved by your startup / business?:
Buxfer tracks every dollar earned, spent and invested to help you budget and track your finances. All credit cards, bank accounts, and investment accounts can be linked directly to your Buxfer account giving you a birds eye view of your net worth, and how much money you’ll have by the time you’ll retire. You can also set up budgets and plans to help you grow your retirement and investment funds, and keep you on track towards your financial goals.
THE FOUNDER’S STORY: When and how did you come up with the idea for the business?:
Shashank is an engineering leader who after successful stints at Facebook and ForUsAll, built Buxfer with the mission to make money management accessible, so users can better control their finances. Buxfer went on to be a part of Y-Combinator and today is one of the best reviewed finance apps.
WHO IS THE CUSTOMER: What is the typical profile of your target customer? Where would they be located?:
Investors, Money Management, Financial Planning, Retirement Planning, Budgeting, Power users
LESSONS TO SHARE: What 3 key lessons from your startup journey you’d like to share with aspiring entrepreneurs?:
Buxfer is a top rated money management and tracking tool that helps its users with their budgeting, retirement planning, investments, forecasting, and more. Buxfer can sync with over 20,000 banks and other financial institutions from over 110 countries to ensure you can track all your financial transactions in one place.
Users get access to detailed insights, showcasing their spending trends, and sending real-time alerts on spending limits set for your accounts. All of the features are hosted on a secure platform, and can be accessed via Buxfer’s website, or mobile app.
HQ City: Santa Clara, California, USA
Website URL: https://www.buxfer.com
Number of Employees: 1-5