FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Monday it has teamed up with Italian open banking platform Fabrick to launch a new financial management startup specifically for small businesses. According to FinLeap, the startup, called Beesy, will simplify accounting, tax and banking services for micro-enterprises and freelancers. While sharing details about Beesy’s platform, Marco Berini, Managing Director of FinLeap in Italy, stated:
“Thanks to Beesy, entrepreneurs will have access to the best digital solutions for managing their finances. This will include multi-banking services and tools for accounting, payments and analysis. In addition, tax consultants and banks in Beesy are going to offer additional services. “We are delighted to be partnering with an innovative actor like Fabrick right from the start. This cooperation is crucial to launching Beesy within just a few months.”
Paolo Zaccardi, CEO of Fabrick, also commented:
“Thanks to the venture with FinLeap, a leading European player in our industry, the benefits of Fintech solutions will be accessible to everyone. Micro enterprises contribute significantly to value creation in Italy, but have so far been excluded from a number of banking services. Beesy offers banks a new distribution channel to fill this gap.”
Ramin Niroumand, CEO of FinLeap, added:
“Italy is not only relevant to us as the fourth largest economy in Europe. Moreover, it is one of those countries where we can find like-minded partners and optimally develop our Fintech ecosystem.”
As soon as Beesy is launched, FinLeap added it will provide more details about the services and how they work.