I
Canada·56d ago
Sample
Free
Open Banking SMB Cash-Flow
Problem — Many small and medium businesses (SMBs) in Canada lack effective cash-flow management tools. For example, 1.4 million SMBs are currently unbanked-for-cashflow, impacting their financial stability. Who feels it — The target customer base includes these 1.4 million Canadian SMBs who struggle with cash-flow issues. MVP hint — The MVP could feature a user-friendly dashboard that aggregates transaction data from multiple banks, allowing SMBs to visualize their cash flow in real-time. Why now — The new Consumer-Driven Banking framework is empowering more businesses to take control of their financial software solutions. Revenue — The pricing model would be $39/month targeting an ARR of approximately $1.5 million with 3,000 subscribers.