Both of these together put me on the path to pursue building financial software as a business endeavor. Around the same time, I was heavily influenced by Paul Graham and his way of thinking about the nature of startups, and how they were the best way for young people to have an impact on society.
This tool gained a lot of traction on campus, and that’s where the seed of Buxfer was planted. One of them was a simple website that let graduate students (typically roommates) track their shared expenses (like rent, grocery, etc.) While studying computer science at IIT Bombay (India) and later at Carnegie Mellon, I always created small softwares and websites every now and then to solve specific needs. I’ve always been a financial “power user” myself, even when I had very little money. How did you come up with the idea for the company? Our customers or their data are never the product we sell. After an initial round of funding from the prestigious YCombinator seed fund, we have adhered to a business model that lets us make money without needing outside investment or resorting to privacy-invasive practices like selling customer data. We are one of the rare Silicon Valley companies that is profitable and growing sustainably. They expect their budgeting software to be very powerful, yet flexible enough to give them room to personalize it and customize it for their specific needs. These are people who want to proactively engage with their money, like to plan ahead and be in control of their financial future. It’s cloud-based and works across all your devices seamlessly.īuxfer is tailored to a specific market segment - one I like to call “power users”. To learn more about how and for what purposes Amazon uses personal information (such as Amazon Store order history), please visit our Privacy Notice.Buxfer is a personal finance & budgeting software that lets you see all your accounts at one place, understand where your money goes, reduce unwanted spending, and save for future goals. You can change your choices at any time by visiting Cookie Preferences, as described in the Cookie Notice.
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