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Twisp

Core accounting engine for financial products

Twisp logo
1-20 employees
  • Fintech
  • B2B
  • Bookkeeping
  • Financial Services
  • SaaS
  • Accounting
  • DevOps
Portland Downtown, Portland, OR

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Company mission

To transform arcane financial protocols and complex ledger systems into simple, well-crafted developer experiences.

Our take

Financial ledger systems seem outdated to some and this is where Twisp has inserted themselves into the conversation. It’s hope to move away from monolithic architecture in the ledger database means they’ve been able to build a system that is more automated, functional and scalable.

Twisp is empowering developers with all the tools they need to build their core financial ledger systems. Using high level coding they’ve formed a database (FLDB) that they use across all client cases. Finance teams are often bogged down with lots of manual work, so a well designed automated system that can be implemented into large companies in a cloud safe way is a great solution.

Founded in 2021 with significant early funding Twisp looks like a very promising company. The analysis and the database is there but we’re interested to see to what scale they will grow and what other paths in the field they might go down.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Top tier health benefits 100% paid for employees
  • Fully remote team
  • Unlimited paid vacation with mandatory minimums
  • Equity compensation

Funding (1 round)

Nov 2021

$2.7m

SEED

Total funding: $2.7m

Leadership

Eli Alford-Jones

(COO)

Previously Founder & CEO Paydici (Acquired by North American Bancard) for 9yrs.

Jarred Ward

(CEO)

Principal Engineer for Simple Finance for just under 6 yrs. Following this Head of Engineering at BBVA Open Platform.

Michael Parsons

(Co-founder)

Staff Engineer at Simple Finance until 2017. Lead Marketplace Developer at BBVA Open Platform prior to Twisp.