Finstack was born out of the observation that finance teams are being confronted with a significant manual workload on a daily basis. Whereas other business departments are supported by a vast range of digital tooling for automation and collaboration, financials often find themselves doing repetitive tasks through spreadsheets. Karel, the founder, has a background as a scaleup CFO and investor, and therefore experienced this problem first-hand. To be able to develop a solution to this problem, Karel brought in two tech-savvy co-founders, Diederik and Sebastiaan, and together they set out to create financial tooling that puts finance at the forefront of innovation.