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

    Bradley Gilmore, co-owner of Lula, celebrated his 40th birthday signing a long-term lease for his restaurant

    New lease on life: ‘Southern cookhouse’ bringing fried flavor to former sushi space in Crossroads

    By Tommy Felts | April 12, 2022

    Editor’s note: The following story was originally published by CityScene KC, an online news source focused on Greater Downtown Kansas City. Click here to read the original story or here to sign up for the weekly CityScene KC email review. Brad Gilmore celebrated his 40th birthday last week with the gift he always wanted, the opportunity to run his…

    The Greeting Committee

    ‘Beats, beer, biologics’ coming to KC: Check out the bands set for Innovation Festival’s debut

    By Tommy Felts | April 12, 2022

    It might look like an indie rock music festival on the outside, but a just-announced, three-day event coming to Kansas City this summer is as much about the heartbeat of innovation in the region as the beats dropped by Grammy-nominated headliner Black Pumas, said Sonia Hall. “What we want to do is start to disrupt…

    Kara Lowe, KC Tech Council

    Kara Lowe taking KC Tech Council helm as longtime CEO Ryan Weber departs

    By Tommy Felts | April 12, 2022

    The KC Tech Council will soon welcome a familiar face as its new leader, the organization announced Tuesday. Kara Lowe, the council’s longtime COO, will succeed Ryan Weber as CEO next month — putting her commitment to Kansas City’s tech sector on full display and allowing her contributions to the regions tech ecosystem to further shape…

    Cara Hennessy, Sarah-Allen Preston, and Morgan Miller, afloat

    Made in KC partners with afloat to provide same-day gifting of exclusive care packages

    By Tommy Felts | April 9, 2022

    Kansas Citians can now get same-day delivery from the city’s largest local marketplace through afloat — a gifting app by one of the metro’s leading startups that allows community members to pick out and send neatly-packaged goods to their loved ones, said Sarah-Allen Preston. “We have always been huge fans of Made in KC, and…