inDinero creates software to help small businesses better track and manage their finances. Indinero aims to provide its users with instant insights into the finances of their companies. inDinero was launched by Jessica Mah and Andy Su in July 2010 as a new way for businesses to see their money. Having run their own businesses before, they decided that there had to be a better way to keep track of their finances.
Like Mint, Indinero uses Yodlee to allow businesses to transferring bank and credit card account information from financial institutions. But Indinero’s site caters to the financial health and needs of small businesses, breaking out data that addresses cashflow, runway, spending, profits and more.
How inDinero works
Once you enter your account information, inDinero will fetch all of your bank statements and organize your transactions into different categories. The app then update your budgets and provide you with an easy-to-use financial dashboard.
inDinero has raised over $1 Million from investors such as Y Combinator.