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Google Invested in Ukrainian Finmap. Why?

Google has always supported Ukrainian business, and this year it took another step in this direction. In spring, the company launched the global programme "Google for Startups Ukraine Support Fund", which provides financial assistance to Ukrainian startups.

In the second round, the fund totalled $10,000,000 in equity funding. In addition to the financial component, startups and tech companies, including Finmap, receive mentoring and product support from leading experts of the global IT-giant.

Finmap is a easy-to-use cash flow management tool that has helped more than 3,500 companies from more than 100 different industries to get their finances in order.

Entrepreneurs from 54 countries choose Finmap not only because of its convenient and intuitive functionality, but also because of the high level of data protection that meets the security standards of international companies and banks. The information is transmitted and stored on secure servers in Europe and encrypted using the highest 256-bit encryption standard.

Finmap is a leader in Ukraine in the niche of financial management for small and medium-sized business owners.

Finmap has connections to more than 2800 banks and financial services worldwide, support for 35+ currencies and 80+ cryptocurrencies. It also has a team of professional financiers who can help with financial management, mentoring, and the development of individual financial models for businesses.

IT Arena 2024 - technology conference in Lviv, announcement of the Google for Startups Ukraine Startup Support Fund, 27.09.2024

Google's Support for Finmap: Recognised on a Global Scale

The competition for the programme was intense with many selection criteria.
Google chose Finmap because of its product innovation and ability to solve real business problems. This selection confirms the company's potential for growth and international scaling.

Receiving funding and mentorship is not only a confirmation of the company's right course, but also new opportunities for international development, job creation and the use of technology to solve unique challenges, collaborate and attract customers.

New Opportunities for Finmap with the Support of Google: What Does It Mean for You as an Entrepreneur?

The funds received from Google will be used to improve Finmap tools. The main focus is on the integration of new features to automate financial management and analytics.

This will not only expand Finmap's capabilities and improve the user experience, but will also provide a real opportunity for existing users to get more accurate and detailed data needed to make important business decisions. For new customers, this will mean easier access to effective tools that simplify financial management and help their companies grow.

New AI assistant Functions to Optimise Financial Management

Google gave preference to those who actively integrate AI into their products. One of Finmap's key advantages in the selection process was the use of an AI assistant that helps entrepreneurs quickly receive recommendations and advice and easily optimise financial management.

Google's support and experience will significantly expand the functionality and capabilities of the AI assistant, adding the ability to conduct in-depth analysis, analyse data, and provide valuable recommendations for business development. Users of the service will be able to receive insights on how to improve business processes based on their real data.

The new features will also reduce routine operations, find cost bottlenecks, and help avoid financial crises. Finmap users can now focus on scaling their business, and Finmap will help them to organise their money.

Business-Changing Financial Solutions: Supporting Local Businesses and Global Ambitions

Finmap's mission is to support small and medium-sized businesses. The founders of Finmap have created a UAH 1,000,000 grant - a project to support Ukrainian businesses by helping them systemise their financial management so that they can be more financially healthy in difficult times and therefore more resilient and successful.

The company's funders and financial experts have repeatedly participated as speakers and mentors in economic and social events: Defence builder, Vector of Reconstruction, Ukrainian Humanitarian Front, Star for life and others.

Support from Google opens the door to international markets. Finmap has an ambitious goal to become a key tool for financial management of small and medium-sized companies around the world. And you, as a Finmap user, have the opportunity to be at the forefront of this expansion.

The service helps entrepreneurs better understand their finances and make informed decisions. This not only facilitates the work of individual companies, but also actively contributes to the development of the Ukrainian economy.
The real-life cases of Finmap users are impressive:

  • found UAH 360 thousand of avoidable expenses;
  • have never fallen into a cash gap thanks to Finmap management;
  • increased net profit by 10% per month;
  • created a successful financial model for entering the international market;
  • reduced the time spent working with finances by 50 times;
  • For the first time in three years, we made a profit instead of constant losses and ‘falling into the red’.

These achievements were made possible by the implementation of the Finmap and with the help of a team of professional financiers who provide advice, financial management services, mentoring and the development of individual financial models for businesses.

Working with Finmap's financial experts, we have helped businesses in 54 countries to:

  • Clearly see real business income and profitability;
  • Avoid cash gaps that can hinder development and lead to bankruptcy;
  • Effectively manage company turnover and invest in the right areas;
  • Control costs and find ways to optimise them;
  • Set realistic financial goals to reach even greater heights.

With Finmap, you get not just tools for financial management, but a reliable partner on the way to development and scaling.

If you want to:

  • take the first step towards sustainable business development and transparent financial management,
  • get advice on financial planning and business scaling,

Book a free expert diagnostic consultation and start turning your business goals into reality today!

Book a free meeting

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