Monolithic relational databases are the normal basis of monetary core ledger methods. However, the method of constructing and working mission-critical ledgers to trace and reconcile funds and cash motion is complicated.
Twisp is rethinking core accounting and monetary orchestration on a cloud-native ledger system, so builders can cease re-inventing the ledger and deal with constructing merchandise their buyer’s love.
While you provision an occasion of the Twisp accounting core, you get a transactions ledger for double-entry accounting, a chart of accounts to characterize any financial exercise, and layered balances for monitoring settled, pending, and deliberate funds flows. All of that is accessible through a simple GraphQL API.
On this episode, we communicate with Jarred Ward, Co-founder & CEO of Twisp.
Beforehand, Jarred was principal engineer at Easy, the primary neobank, and later led the group constructing Open Platform at BBVA, one of many first banking-as-a-service merchandise.
To be taught extra about Twisp and get entry to a sandbox ledger, go to: https://www.twisp.com/
Sponsorship inquiries: [email protected]
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