Detroit Fintech Startup Autobooks Begins Rapid Expansion
Detroit, MI (PRWEB) May 25, 2017
Autobooks is officially made in Detroit. The financial technology startup announced that its headquarters are now located in the Madison Building downtown. In addition to the move, the company's recent Series A round of funding is increasing the company's operational capacity and further building the team.
"We're thrilled to relocate Autobooks to Detroit," said Autobooks CEO Steve Robert. "Our team couldn't be more excited. There is tremendous momentum building in fintech and we're assembling a world-class team to push new boundaries in banking."
"When you see successful entrepreneurs like Steve from BillHighway and Henry from Detroit Labs raising venture capital for their next business" said Jake Cohen, Partner at Detroit Venture Partners "that's a good sign that the startup community here is Detroit is really starting to mature".
Adding key bandwidth to Autobooks' strategic and scalable growth are three key new hires in the areas of information technology (Daniel Davis), finance (Andrew Bulgarelli) and corporate development (Jay Valanju). As part of this latest round of hires, Autobooks has also opened an office in Austin Texas to increase its footprint and provide additional access to talent.
Autobooks is working from a strong implementation backlog, currently launching its product within one-two financial institutions per month. Banks and Credit Unions are excited to offer new and valuable services to small business owners. Because Autobooks is integrated into online banking, it allows financial institutions to provide a complete accounting, invoicing, and payments solution within their existing platform – quickly & cost-effectively.
The company is seeking to hire talented project managers, Microsoft .Net software developers, along with digital marketers and designers to support its aggressive growth. For more information, visit http://autobooks.co
The rest of the country is paying close attention to Downtown Detroit's renaissance, especially when it comes to tech. Startups span a wide range of services, but Autobooks is particularly significant for a part of a growing fintech ecosystem in the region. Recently, American Banker named Autobooks as a Top 20 Fintech Company to Watch.
Autobooks is a financial technology startup located in Troy Michigan that produces payment and accounting software which integrates into online banking platforms. The product allows financial institutions such as banks and credit unions to add a new level of service to their small business clients, and continue to compete in a rapidly changing market. http://www.autobooks.co
About the Madison Building
The Madison Building is a modern, flexible office space ideal for fostering a startup's culture. The energy of Detroit's vibrant and diverse downtown will strengthen the expanding Autobooks team, while having Autobooks located in the core will further enhance Detroit's reputation as a technology hub.
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