2020 Startups to Watch: Destiny drops into debt-laden users’ lives as startup’s dominoes fall

January 22, 2020  |  Anna Turnbull

Jerry Workman and Parker Graham, Destiny

Editor’s note: Startland News selected 10 Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2020’s companies. Click here to view the full, ranked list of Startups to Watch.

The founders behind Destiny owe a debt to the platform’s early adopters, said Parker Graham, eager for the FinTech startup’s efforts to pay off.

10) Destiny

Elevator pitch: Destiny helps financial institutions bridge the technology gap for their young and debt-laden customers through a personal financial management platform. Our solution increases customer engagement, retention, and uncovers unforeseen loan opportunities with the most valuable demographic in banking.

• Founders: Parker Graham, Jerry Workman, Joseph Krywicki
• Founding year: 2018
• Amount raised to date: $100,000
• Noteworthy investors: nbkc bank, Nex Cubed
• Programs completed: Fountain City Fintech accelerator, Nex Cubed Accelerator, Digital Sandbox KC recipient
• Current employee count: 4

“This is going to be a game-changing year and we are really excited,” said Graham, CEO of Destiny.

Over the past year, the company has been diligently correcting its software while heeding customers’ feedback on improvement implementations, he said ahead of the release of a completely overhauled user interface for early adopters. 

“Current users are the reason we are where we are today. [Their feedback] molded [the app] into what they wanted and it made us take it to the next level,” Graham added, teasing next steps could shift the early-stage startup well into growth-stage territory in 2020. 

“We are going to get our first big batch of enterprise-level customers. That is the biggest thing that we are looking forward to,” he said, noting the startup’s product is in place and ready for customers, likely to be secured during Destiny’s participation in the San Francisco, California-based, Nex Cubed accelerator

“This is in a good spot to take off,” he said optimistic for the months ahead which are expected to include more funding and increased visibility, named one of Heartland Credit Association’s Top Five most innovative companies for Credit Unions.

“We really think it is going to be a growth-minded year … We were awarded a Digital Sandbox grant, which we are deploying to beef up our AI and data mining capabilities for our platform.”

And while Destiny doesn’t boast the sizeable funding of some Kansas City-based startups, it’s all about how a company uses its capital, Graham said, noting the startup’s financials are all but guaranteed to rise in 2020 — in addition to stabilizing revenue and the close of three deals with major U.S. customers. 

We think 2020 is the year when all the dominos fall for us. We have a lot of work to do, but we have the relationships in place to really make a large impact,” Graham said.

Startups to Watch in 2020

1) United American Hemp
2) Tesseract Ventures
3)  ELIAS Animal Health
4) Healium
5) Fishtech
6) Draiver
7) Backstitch
8) Stenovate
9) Boddle Learning
10) Destiny

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2020 Startups to Watch

    stats here

    Related Posts on Startland News

    Sneak peek: Plaza’s two-floor, chef-driven food hall and late-night hangout opening Monday 

    By Tommy Felts | November 4, 2023

    With the Strang Chef Collective’s third location set to open Monday on the Country Club Plaza, the food hall concept is expected to help serve transformation within Kansas City’s iconic shopping and entertainment district, said Shawn Craft.  “To get in on the ground floor and to be a part of that is exciting for us,”…

    How Rock Island Bridge is turning 3 million pounds of steel into KC’s next entertainment hub

    By Tommy Felts | November 4, 2023

    When the in-the-works Rock Island Bridge opens in 2024, the hulking infrastructure renewal project will become Kansas City’s — and America’s — first “destination landmark bridge,” said Mike Zeller. And the effort pointedly capitalizes on one of the metro’s most overlooked assets: its rivers. “We’re maybe the biggest river town in America that hasn’t really…

    Building your eco-friendly dream home can be time suck, co-founders say; a new app gives renovators the keys to energy efficiency

    By Tommy Felts | November 3, 2023

    KINGSTON, New York — Sustainability shouldn’t just be an add-on for new homebuyers or renovators, said Brad Johnsmeyer, noting recent improvements in technology make critical upgrades to elements like  insulation, water heaters, and solar features more financially accessible — but not always approachable to the everyday person. “It’s gotten to the point where it’s almost a…

    How a Kansas chocolate shop dips into decades of decadence, creativity for timeless treats

    By Tommy Felts | November 1, 2023

    Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro.  TOPEKA — Hazel Hill Chocolate embodies a three-generation family tradition that today applies freestyling innovation to craft custom and award-winning handmade chocolate and confections in the heart of Kansas. “I…