ian crosby

2+ articles

Bench Accounting Bookkeeping Services Business Strategy Closure Financial Services

Bench Accounting Shuts Down Abruptly: A Shockwave in Fintech

Vancouver-based Bench Accounting has closed its doors unexpectedly, impacting over 600 employees and many small business clients. With a venture capital shake-up cited as a core reason, former CEO Ian Crosby claims strategic misalignment post his ouster was detrimental to the company.

Dec 31

Bench Accounting Shuts Down Abruptly: A Shockwave in Fintech

Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch

Vancouver-based Bench Accounting announced an abrupt closure, potentially impacting over 600 employees and leaving 35,000 U.S. customers scrambling for financial data access. Ex-CEO Ian Crosby blames venture capitalists for the shutdown, after the company received US$113 million in funding. Former clients are advised to file tax extensions and retrieve data by March 7, 2025.

Dec 28

Bench Accounting's Sudden Shutdown Leaves 600+ Employees in the Lurch