X15 Ventures, a Fintech agency owned by the Commonwealth Bank of Australia (CBA), has launched an app for SMEs that helps them with launching their operations. There’s additionally a cash incentive being supplied to companies that may use the app to begin their enterprise.
The CBA confirmed that X15 Ventures has formally launched its fourth enterprise, known as Backr.
The Backr app will present a digital, task-oriented strategy for small companies that want to launch their operations and can information new enterprise house owners by the method with easy-to-follow steps.
These fundamental steps embody serving to SMEs with registering their enterprise identify and ABN, creating a marketing strategy, creating invoices, and utilizing the suitable software program instruments to have interaction in buying and selling.
Concentrating on SMBs and new firm founders, Backr is supposed for serving to startups through the early levels of their operations.
Toby Norton-Smith, MD at X15 Ventures, famous that the Backr internet app will assist SME founders throughout their first 12 months of operation.
“Backr is a portal for aspiring entrepreneurs and micro-businesses looking to set up shop. This small business-in-a-box service simplifies the process of setting up a business, which we know can be quite daunting for many first-time business owners.”
Matt Comyn, CEO at CBA, confirmed that the bank would deposit $500 into the accounts of certified companies that launch their operations by way of Backr. The supply is legitimate till the top of this 12 months.
“Through Backr, we hope to help thousands of new digitally enabled small businesses to get off the ground. This is now more important than ever given the need to drive the economic recovery.”
The Backr app will likely be launched in September 2020 and registrations to make use of the software program could be accomplished by way of the corporate’s web site