Enzo Anz

You can't do any tax returns.

You can't do like the majority of the app unless you are actually paying your bank.

No, no, no.

We're way higher than that.

I think when it comes to, like I said, acquisition costs and fintechs are so high, I think you need to have anywhere between 20% and 50% for this to be a sustainable business model.

Yeah.

Exactly.

Yeah.

The way that we're looking at it is kind of twofold.

So one is what kind of things does an accountant use at the moment?

And that actually has nothing to do with their payment data.

It's literally what kind of reporting, some stuff like payroll, VAT, sales tax, income tax.

In terms of what's more interesting in terms of the bank data is really understanding how these people earn income.

What kind of expenses do they have?

What kind of other products as a small business are they paying for?

And how could we potentially in the future help them optimize for that?

Thank you for taking the time for grilling me.

Shoe Dog.

I went to talk to Louis von Ahn yesterday, which I thought was great.

Duolingo.