8 Finance & Accounting App Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Finance & Accounting App Business

Here are some real life success stories of starting a finance & accounting app business:

1. Buxfer ($600K/year)

Shashank Pandit, the Founder and CEO of Buxfer, came up with the idea for the budgeting app while he was a grad student at Carnegie Mellon in Pittsburgh. He and his friends built a prototype to help students track and split expenses, which gained popularity on campus. After working at Facebook for five years, Shashank noticed that Buxfer had grown significantly and decided to turn it into a full-time job, revamping and modernizing the app. The company is now profitable with a 15-person team and aims to have a lasting impact in the budgeting app market by incorporating automated financial advice.

How much they make: $600K/year
How much did it cost to start: $50K
Current team size: 5

I Left My Job At Facebook To Go Full-Time On My Budgeting App [$600K/Year]

Bootstrapped budgeting app Buxfer, founded by Shashank Pandit, has grown organically to profitability with a 15-person team and $0 spent on marketing, targeting niche "finance power users" with strong connections to banks all over the world.

About

Shashank started Buxfer over 17 years ago

Revenue

Shashank grew the business to $50K/month

Costs

It cost Shashank $50000 to start the business

Read this case study

Read by 3,796 founders

2. Lunch Money | Delightfully simple personal finance & budgeting ($120K/year)

How much they make: $120K/year
Current team size:

Growing a SaaS to $40,000/year while freelancing

Learn how Jen grew her subscription-based personal finance app to over $3k per month while balancing her work as a freelancer.

Revenue

They grew the business to $10K/month

Read this case study

Read by 330 founders

So... can you actually make money with a finance & accounting app business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

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4. Udemy

Udemy is an online learning and teaching marketplace with over 130,000 courses and 35 million students. Learn programming, marketing, data science and more.

Where they're located: San Francisco, California, USA
Website traffic: 110M/month

5. Intuit

See how the power of Intuit Giants can work for you by joining the over ~50 million people already using TurboTax, QuickBooks and Mint to power their financial prosperity.

Where they're located: Los Angeles, California, USA
Website traffic: 113M/month

So... can you actually make money with a finance & accounting app business?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Bloomberg

Where they're located: Louisville, Kentucky, USA
Website traffic: 75.4M/month

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Starting A Finance & Accounting App Business: Everything You Need To Know

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