News from the Wire

Xendoo, MyCorporation, Fattmerchant, Cogent Bank partner

Friday, October 30, 2020 — 12:01:07 (EDT)

FORT LAUDERDALE, Fla. – Oct. 26, 2020 – Xendoo, a fintech company offering innovative online accounting and bookkeeping solutions with data-driven insights for small business owners, today announces its new partnerships that were formed to exceed the expectations of its growing customer base. Amid the COVID-19 pandemic, the Xendoo team has been helping more than 600 small business owners nationwide navigate the challenges, including the Paycheck Protection Program (PPP), all while delivering personalized experiences in the socially distanced world.

When forming partnerships, Xendoo looks for companies that bring value in both technology solutions and savings to its customer base comprised of small business owners. Xendoo recently formed partnerships with a variety of finance companies, including Fattmerchant, Cogent Bank and MyCorporation.

Fattmerchant

When small business owners come to Xendoo, many ask for recommendations on vendors for outside services. With this, Xendoo connected with Fattmerchant so customers can take advantage of the integrated payment processing provider’s low fees.

“During times of crisis and change, leaders need to take an even deeper look at the entirety of their business to determine where they can start streamlining and saving,” said Suneera Madhani, CEO and founder of Fattmerchant. “This partnership provides Xendoo users with a unified solution to help their businesses grow with payment processing services like recurring payments, billing and invoicing, and access to our virtual terminal. Together with Xendoo’s innovative solutions, we are furthering our shared mission of delivering the best tools and resources to small businesses.”

DeepWork Capital is an investor in both Xendoo and Fattmerchant. Mitchel Laskey, co-founder and managing partner, said of the partnership – “With Xendoo and Fattmerchant partnering together, they are sure to be unstoppable in the fintech space. Between Xendoo’s data-driven insights and Fattmerchant’s transparent, flat-rate credit card processing, small business owners looking to save money and scale can find what they need with these female-led, Florida-based businesses.”

Cogent Bank

Xendoo’s partnership with Cogent Bank helps small business owners connect with a bank that understands the small business community and has expertise around the Small Business Administration and all government programs relating to the PPP. Cogent Bank aided Xendoo’s customers in applying for and receiving PPP funding when the major banks failed them.

MyCorporation

Many small business owners coming to Xendoo are just getting started and need to register their businesses. By partnering with MyCorporation, Xendoo can now direct these customers to experts that can help them with all items related to their business corporation.

“Small business owners are the backbone of the United States’ economy, and we’re always on the lookout for beneficial partnerships to provide them with what they need to succeed,” said Lil Roberts, CEO and founder of Xendoo. “As a small business owner myself, I understand how critical it is to have up-to-date data to make informed business decisions, as well as establishing a trustworthy relationship with vendors and service providers. Our team is an extension of our customers’ teams, and we’re happy to bring these partnerships to their financial toolkit as well.”

To learn more about Xendoo and its technology, please visit www.xendoo.com.

About Xendoo

Launched in 2017, Xendoo is an innovative cloud-based bookkeeping and accounting platform focused on helping small businesses. The fintech company provides small business owners with accessibility to CPAs, predictability of pricing, and speed to their numbers delivered through a technology foundation. Xendoo is reshaping the accounting industry, leveraging technology to deliver financial peace of mind to small business owners so they can focus on doing what they do best – running their business. For more information, visit www.xendoo.com.

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Source: Company press release.