Interviewing Software Entrepreneurs: Jussi Muurikainen, CEO Of Balancion
This is a series of posts, written in co-operation with the Finnish Software Entrepreneurs to promote entrepreneurs working with software. The first post is about Jussi Muurikainen, the CEO of Balancion. Balancion is a personal finance management application that integrates with banks.
In this series, we try to dig deep into the backgrounds of the entrepreneurs and their companies. You can also win a ticket to Arctic15 by subscribing to the Finnish Software Entrepreneurs newsletter over here.
Balancion Launches New 1.5 Version - Aims For Mass Markets
Balancion, the Finnish personal finance management tool, has launched a new 1.5 version of their service. Jussi Muurikainen, CEO, states that this is the biggest release since coming out and with this service they aim to target the larger masses in Finland. With the new version comes a ton of new features as well as a security certificate from Nixu.
Interview With Jussi Muurikainen, CEO Of Balancion
An interesting startup, called Balancion, has been in the talks of the startup circles here in Finland. Partly due to the fact that Balancion is commonly referred to as the Finnish Mint.com. Mint.com was of course sold to Intuit for a very nice amount of money, $170 million USD to be exact. The CEO, Jussi Muurikainen has decided to keep the team small and agile and relies heavily on partners for production.
From this setting, a company that has been in the build for 2 years is surely of interest. I had the chance to talk to Muurikainen about the various issues and what has been the run up to the current state of the company.
Balancion To Help You With Your Personal Finance
Balancion, is a new Finnish startup that will help you see the complete picture of your personal finance. At the moment, the service is in closed alpha and very little is known of it. Jussi Muurikainen, the CEO and founder of the company has posted a long message into Balancion's Facebook page to tell a little about the service.
In the message Muurikainen outlines the basis on which the company was founded and what its goals are. The idea for the service has grown from his personal frustration to understand one's financial situation (income, expenses and the distribution there in). He, like I, use an excel sheet to keep count of your personal expenses and through that try to understand where your money is going and where you're getting it. It is usable in my opinion, but there are better network externalities in doing this online. Speaking from this perspective, I can say that this is a service I'm looking forwards to using.
