PROFIT was started by two small business owners.
PROFIT was started by two small business owners. They were frustrated with using five different platforms for banking, budgeting, employee cards, spend management and tracking profitability. This was inconvenient, costly, fragmented, and wasted valuable time.
They decided to build the first All-in-One banking platform that budgets, manages spend and tracks profitability so business owners can make better financial decisions.
Prior to PROFIT, both founders developed a financial spend application that saves UPS $50M per year. Their application was recognized and awarded the prestigious RedHat Global Innovation Award for Enterprise Level Applications. Past winners include Deutsche Bank, Barclays, FICO & BBVA.