Fintech startup Autobooks relocates to Detroit for rapid expansion

Fintech startup Autobooks that produces payment and accounting software, which integrates into online banking platforms, announced that it has relocated to Downtown Detroit, as it sees a significant potential for fintech growth in the region.

“We're thrilled to relocate Autobooks to Detroit. Our team couldn't be more excited. There is tremendous momentum building in fintech and we're assembling a world-class team to push new boundaries in banking,” Steve Robert, CEO of Autobooks, stated.

The company also announced that in addition to the move, the recent Series A round of funding is increasing the company’s operational capacity and further building the team. Also there have been three key hires in the areas of information technology, finance and corporate development.

Autobooks is integrated into online banking, thus allowing financial institutions to provide a complete accounting, invoicing and payments solution within their existing platform in a quick and cost-effective manner.

Also, Autobooks has been named as a Top 20 Fintech Company to Watch by American Banker. With the latest round of hires, the company has also opened an office in Austin Texas to increase its footprint and provide additional access to talent.

With an eye to expand its team of innovators and developers, Autobooks is hiring talented project managers, Microsoft .Net software developers, along with digital marketers and designers to support its aggressive growth.