InnovateFileBox

Built From Real Financial Challenges

We started in 2019 after watching too many small businesses struggle with cash flow. Not because they weren't profitable — but because they couldn't see where money was actually going until it was already gone.

2,800+ Businesses Served
6 Years Operating
94% Client Retention

How We Got Here

Every milestone taught us something. Some years were about building features. Others were about learning what actually matters to people managing money.

The Beginning

Started with spreadsheets and frustration. Three founders who'd all dealt with cash flow surprises in their previous businesses.

  • First prototype built in two months
  • Tested with 12 local businesses
  • Learned forecasting isn't about precision
2019
2020

Reality Check Year

The pandemic hit. Suddenly everyone needed to track cash daily instead of monthly. We rebuilt everything around weekly cycles.

  • Added scenario planning features
  • Grew from 180 to 620 users
  • Discovered alerts matter more than dashboards

Finding Our Focus

Stopped trying to be everything. Focused purely on cash flow budgeting. Removed features that looked good but nobody used.

  • Launched mobile app after 200 requests
  • Partnership with three accounting firms
  • First profitability milestone reached
2022
2024

Beyond Taiwan

Expanded to serve businesses across Asia. Same problems, different currencies. Learned that cash flow anxiety is universal.

  • Multi-currency support added
  • Team grew to 18 people
  • Crossed 2,500 active businesses

What's Next

Building better integration with banking APIs. Exploring ways to make forecasting feel less like homework and more like having a financial advisor.

  • AI-assisted categorization launching fall 2025
  • Partnership program for consultants
  • Industry-specific templates in development
2025

What We're Proud Of

Recognition matters, but these specific achievements reflect what we've been trying to build from day one.

Top-Rated Platform

Averaged 4.7 stars across review platforms in 2024. Most comments mention how we made budgeting feel less intimidating.

ISO 27001 Certified

Earned information security certification in early 2023. People trust us with sensitive financial data, so this was non-negotiable.

Client Growth

Our client base expanded 340% between 2021 and 2024. Mostly through referrals, which tells us we're doing something right.

Cash Visibility Improvement

Clients report better awareness of their cash position. On average, they spot potential shortfalls 3-4 weeks earlier than before.

Industry Recognition

Named "Best Small Business Finance Tool" by Taiwan Business Review in 2023. Featured in three major financial publications.

Support Response Time

We answer 89% of support questions within two hours. Because financial questions don't wait for the next business day.

Who's Behind This

Meet one of the people who makes this work. We're a team of 18, but here's someone who's been here since the beginning.

Lars Bjørnstad, Co-Founder and Head of Product Development at innovatefilebox

Lars Bjørnstad

Co-Founder & Head of Product

Before this, I spent seven years building financial software for enterprises. Big budgets, long timelines, features nobody asked for.

When we started innovatefilebox, I wanted to build something my cousin could use. He runs a small manufacturing shop and was constantly surprised by his bank balance. That feeling of "where did the money go?" drove everything we designed.

Now I split time between product strategy and talking directly to customers. The best feature ideas come from watching someone struggle with their current solution for five minutes.

"We removed more features than we added in 2023. Turns out people don't want complexity — they want to know if they can make payroll next month without checking their account balance three times a day."