Lightning Pitch: Bento For Business – Control precisely when, where and how much your staff can spend

COMPANY: Bento For Business

ELEVATOR PITCH

Control precisely when, where and how much your staff can spend with our elegant software and connected debit cards.

PRODUCT/SERVICE DESCRIPTION

Bento For Business is a financial services platform built from the ground up for small businesses. The Bento platform helps small businesses better manage and control expenses, become more efficient at running their business, and more easily raise capital.

Businesses lose thousands of dollars from cash ‘leaks’ caused lack of control over expenses. Factors including employee misuse, too many improvised funding sources, and time wasted on tedious expense reports can sink a small business. Bento’s incredibly simple, elegant solution gives companies feature-rich business debit cards that can be controlled from one easy-to-use dashboard, 24/7. No more petty cash, no more expense reports, no more credit card interest and fees.

The Bento dashboard shows where money is being spent and who is spending it. Owners can limit cards by employee or by function (gas card, petty cash card, etc.), so they control exactly who spends what, when, and even at which types of merchants. Alerts keep business owners informed of any issues or potential misuse, and they can turn cards on or off in real time. Data can easily be exported for invoicing or bookkeeping.

Bento’s elegant solution gives business owners full control over their expenses, saving them time and money.

FOUNDERS

Bento has a veteran leadership team. Our CEO, Farhan Ahmad, has been Managing Director at Barclays, Global Head of Payments at Discover, and Head of Growth at JPMorgan Chase Cards. In addition to executive roles at large companies, Farhan has helped to launch 4 new startups. Our CPO, Sean Anderson, led Emerging Products at Blackhawk Network and is veteran of the U.S. Air Force. Our CTO, Renato Steinberg, was a CTO at Credit Suisse Brazil and is currently a LinkedIn Influencer. He was recognized by Fast Company as one of the 100 Most Creative People in Business.

In addition, our advisors’ experience includes CEO of Barclays Consumer, President of Washington Mutual, CEO of Concord Solutions (BofA), CEO of Blackhawk Network, Head of PayPal Retail, CMO of Intuit, Head of Yahoo Small Business, and CEO of Presto.

HEADQUARTERS: San Francisco

WEBSITE: www.bentoforbusiness.com

YEAR FOUNDED: 2014

TWITTER: @bentoforbiz

FACEBOOK: facebook.com/bentoforbusiness

LINKEDIN: www.linkedin.com/company/5127707