Wave Financial Launches Bank Account with Bookkeeping

Wave Financial has announced their new app based offering Wave Money which will include a bank account with bookkeeping; the bank account and debit card are offered in partnership with Community Federal Savings Bank in Woodhaven, N.Y.; the account will automatically import the owner’s transactions, categorize expenses and reconcile their bank accounts; “Few first-time entrepreneurs have accounting expertise,” Kirk Simpson, Co-Founder and CEO of Wave, said in a press release according to American Banker. “Wave Money is made specifically for the entrepreneur who loves their work, not bookkeeping.”; small business banking has become one of the hottest areas for disruption with the pandemic shaking up the market and forces SMBs to explore all available options. American Banker

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