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Apr 20, 2023

The End of an Inspiring Journey: Billi's Farewell Message

The End of an Inspiring Journey: Billi's Farewell Message
Ty Sinclair

In 2021, we embarked on a journey to revolutionize the way people manage their finances. We dreamed of creating a financial dashboard that would act as a personal CFO, providing you with a clear understanding of your money, where it was, and where it was likely to go. Our mission was to empower every individual to make informed financial decisions, harnessing the power of open finance to transform abstract numbers into meaningful information.

Today, with a heavy heart, I must share that our journey has reached an unexpected end. Despite the incredible support and enthusiasm from our users, and the hard work and dedication of our amazing team, we were unable to secure the funding required to continue operating Billi. It's a difficult reality to face, but one that we must accept with humility and grace.

I want to take a moment and extend my heartfelt appreciation to every single one of you. Your unwavering trust, encouragement, and input played an instrumental role in molding Billi into the platform it became. Even though we reached just a fraction of the market, the positive influence we had on the lives of our members has left a positive mark and has been deeply inspiring.

To our incredible team, I am in awe of your passion, talent, and resilience. You have shown immense dedication and have poured your hearts into making Billi a reality. I am eternally grateful for the opportunity to work alongside you, and I am confident that each of you will go on to achieve great things.

As we close the book on our journey as Billi, I remain optimistic about the untapped potential in the fintech landscape. I firmly believe that the knowledge and experiences we've gained along the way will serve as a catalyst for future advancements. My hope is that others will take inspiration from our work and continue the mission of equipping Canadians with the essential financial tools they need to flourish.

As a valued Billi user, you may be wondering about the platform's accessibility and the fate of your data during this transition. We want to assure you that your Billi account will remain accessible until April 26, 2023. On this date, our servers will be decommissioned. We will retain database backups for an additional 30 days, after which they will be permanently deleted.

While I don't have a comprehensive alternative to recommend that encompasses all of Billi's offerings, there are some great solutions to consider for specific needs. For instance, if you're searching for a convenient way to pay your rent, give our friends at Chexy a try. And for those looking to build credit, KOHO offers an excellent program to help you achieve your goals.

In closing, thank you for being a part of our journey. It has been an honour, and the unwavering spirit of our community is nothing short of inspiring. As we all venture forth, let us cherish the lessons and memories from our time at Billi, carrying them with us into new and promising endeavours.

With immense gratitude, 
Tyrone Sinclair, CEO


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