24 June is International Office Dog Day, the official last day of the asparagus season AND the day finway was born. Exactly two years ago, in the middle of the pandemic, we signed the certificate of incorporation in Munich – the rest is history, and we want to tell you about it in the following lines.
2019 – It all started with an idea
Who started all of that? The finway founders team is made up of three bright young minds, but how exactly did that come to happen? The original idea of finway was far from being a holistically thought-out all-in-one tool for the finance department, but initially revolved around a real pain point for finance departments that had not been solved by the software until then: Invoices that are accidentally processed and paid twice. This caused (and still causes without a solution) avoidable damage to SMEs in Germany amounting to millions every year. With this knowledge and the ambition to free CFOs & Co. from this problem, Csaba Krümmer went in search of ambitious co-founders.
Where to start? Csaba already had relevant experience as a founder, but this project – although its enormous scope was not foreseeable from the start – could not become a one-man show. Philipp Rieger came on board via an online forum where prospective founders can exchange ideas and get together. No stranger to start-ups himself, he was on the lookout for a forward-looking idea in which he would take on the part of the technical set-up as CTO.
Jennifer Dussileck and Csaba met at the START Summit in St. Gallen in March 2019, by chance over lunch.