Case Study: Snapcard builds accounting infrastructure and financial reporting with Early Growth Financial Services

Estabishing Accounting Infrastructure for Bitcoin Payment Processor

Snapcard, a startup Bitcoin payment processor, needed to establish a foundational accounting infrastructure and required assistance with its monthly financial close. They partnered with Early Growth Financial Services (EGFS) for expertise in startup accounting, bookkeeping, and financial reporting.

Early Growth Financial Services implemented accounting systems, including a QuickBooks integration, and handled ongoing bookkeeping, tax services, and quarterly reporting. This provided Snapcard with critical financial transparency, helping them understand operational efficiency and costs. The results included a better grasp of their financial position, which aided in satisfying existing investors and easing further capital-raising efforts.

Snapcard

Michael Dunworth

Chief Executive Officer and Co-founder