Accounting Services for the Fintech Industry

Financial services can be complicated. We focus on payment processing, NEO-Banks, and OTC brokerages. The AquiferCFO fintech accounting team can help you gather data and maintain transparency. This support enables you to make the best long-term decisions for your fintech.
Contact Sales
Just a few of the companies we’ve worked with

Transparent Financial Reporting that Drives Growth

Fintech companies bring a lot of new ideas to the industry, but they also work in highly regulated markets. We’ll help your company handle complex transactions, meet compliance requirements, and manage taxes, so you can continue to reshape the financial sector.
‍
AquiferCFO fintech accountants have assisted over 50 fintech companies. We are a well-known accounting and bookkeeping partner within the industry.
Contact Sales

Key Accounting Considerations for Fintech Success

Regulatory & Compliance

Fintech companies must follow the same rules as major financial institutions. It’s important to comply with regulations from the relevant authorities to keep your licenses. Maintaining clear and accurate financial records is essential for providing the right information and ensuring your success. A good accounting partner is vital for meeting compliance and regulatory requirements in the industry.

Fintech Fundraising

Investors need clear financial statements when they check a company before investing money. Well-organized statements make it easier and faster to raise funds, which cuts down the time it takes to get money. Experienced outsourced fintech accountants are essential in preparing these statements to make sure they are correct and complete.

Resource Allocation

Keeping clear accounting records helps you see how different parts of your business are performing financially. This visibility is important because it guides you in making smart decisions about where to invest, where to cut back, and how to allocate resources effectively. You can rely on the AquiferCFO team to keep track of accounting records.

Key Factors for Maximizing Fintech Business Growth

With fluctuating regulations, complex financial models, and the constant pressure to stay ahead of the competition, the last thing you want to worry about is whether your accounting is up to par. This is where outsourcing your accounting and bookkeeping can truly make a difference.
By bringing in experts who understand the unique challenges of the FinTech industry, you’re not just ticking off a task—you’re investing in a financial strategy that evolves with your business. Here are a few key growth factors AquiferCFO will help you manage, so you can focus on scaling your fintech business.
Managing Operations
As the volume of transactions increases, so does the complexity. It becomes increasingly difficult to manage these transactions accurately. Without having visibility into the numbers of your business, you may not be able to scale efficiently. 
Resource
Planning
Key metrics like customer acquisition cost, burn rate, and cash on hand help you understand your business. You can only calculate these metrics if your accounting is done correctly. This accuracy lets you project and allocate resources effectively.
Strategic
Decision
Accurate data is essential for making smart decisions. By understanding your spending and returns, you can see how much value each customer brings. This insight helps you make better choices about how to spend your money.
Flexible
Support
The AquiferCFO fintech accountants team offers flexible accounting support that can adjust to your business needs. Our services are cost-effective, allowing you to concentrate on running your business.
Financial
Oversight
Our outsourced fintech accountant service helps with financial forecasting and supports important decisions as you expand into new markets. Ongoing financial oversight is crucial as you grow from a startup to a larger business and continue to develop.
Risk
Management
Keeping accurate accounting records on time helps you manage business risks. By understanding your burn rate, you can make early adjustments, like cutting costs or reducing resources. This proactive approach helps ensure your financial stability in the long run.
Get more information

Our Clients

Rich and the aquifer team helped us significantly improve our financial infrastructure. This allows us to focus on scaling faster, while feeling confident we have the right financial systems in place."
Cody Ruberto
Founder & CEO of URIDE
The Aquifer team has been incredibly insightful in approaching our finance stack, making them an invaluable partner for our business. They work with us rather than around us and continue to lend their expertise in the world of web3 accounting."
Justin Ho
CFO of Mojito
Aquifer was instrumental in helping GDA scale by providing financial infrastructure & processes, financial advisory seed + Series A rounds, corporate accounting & tax support, and any other ad-hoc projects. The team brought a strong sense of co-founder ownership."
Micheal Gord
Founder & CEO of GDA

We Integrate With All Your Finance Tools

We are experienced in the tools you use and use integrations to ensure we are accurate and efficient in our accounting operations.

Meet our Finance Experts

Our team at AquiferCFO brings specialized skills in accounting and finance, ready to support your business with precision and expertise.

Rich Zhou
CEO & Founder

Rich drives AquiferCFO’s mission to help startups scale with financial clarity and growth strategies.

Terence Papadacos
Manager of Accounting & COO

Terence ensures operational efficiency and financial strategy, helping clients achieve business growth.

Lydia Yu
Manager of Accounting

Lydia delivers precise bookkeeping and reporting, supporting businesses across the Asia-Pacific region.

Alexander Williamson
Senior Manager of Accounting

Alexander uses data analysis to provide clients with actionable financial insights for better decision-making.

Start Your Financial Journey with AquiferCFO

Ready to scale your business? Submit your email, and our team will reach out to discuss how we can help with tailored financial solutions.

Contact Sales

FAQs

Find answers to your most pressing questions about our services and solutions.

What Sets Fintech Accounting Apart, and How Does AquiferCFO Specialize in It?

Fintech accounting is complex because the market changes quickly, financial products are constantly evolving, and regulatory requirements are strict. Unlike traditional accounting, fintech companies often handle decentralized technologies, cryptocurrencies, payment processing, and various financial models. AquiferCFO specializes in these areas and provides accounting solutions tailored to the specific challenges of fintech. 

How Does AquiferCFO Prepare My Company For a Financial Audit?

To prepare for a financial audit in the fintech industry, you need a clear and open approach. At AquiferCFO, we help your team keep organized and accurate records that meet industry standards, like GAAP/IFRS for financial reporting and PCI-DSS for payment security. The trickiest ones often include evolving crypto tax regulations and stringent AML/KYC compliance, which require specialized expertise to navigate.
Our fintech accountants ensure that your financial statements are ready for an audit by focusing on detailed documentation, tracking all transactions across complex systems, and setting up strong internal controls.

How can AquiferCFO help my business stay investor-ready?

To stay ready for investors, fintech businesses need clear financial reports, transparent practices, and good growth management. AquiferCFO keeps your financial records up to date, thorough, and compliant, which is key for attracting and keeping investors. We focus on creating clear and accurate financial statements, providing important metrics like burn rate and customer acquisition costs, and offering strategic insights. By partnering with AquiferCFO, you will gain the financial clarity needed to build investor trust.

What tax strategies does AquiferCFO use for fintech businesses?

AquiferCFO uses a thoughtful approach to tax planning that meets the specific needs of fintech businesses. We help you take advantage of R&D tax credits, which can provide a significant tax benefit if you're investing in technology. We also guide you in choosing the best business structures to lower your tax burden while staying compliant with regulations. Additionally, we assist in deferring tax payments through careful timing and financial planning, allowing you to reinvest more money into your growth. The AquiferCFO fintech accountant team helps you optimize your tax position while managing the complexities of the fintech landscape.

Connect with our team

We are here to help. Feel free to reach out to learn more about our services
Select all that apply
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.