Tellow book-keeping tool will soon be available to all self-employed professionals

Tellow

Following an internal start at Rabobank, the Tellow book-keeping tool will continue as a separate company offering online book-keeping support to all self-employed professionals in the Netherlands, not just Rabobank clients. Tellow is an automated book-keeping app which is connected to a commercial bank account.

With over 15,000 registrations to use Tellow, the time is ripe to open up the app to self-employed professionals who do their banking elsewhere. This will be possible from late October. “Through innovative solutions like Tellow we are realising our mission of helping entrepreneurs to grow. Tellow offers digital convenience and makes book-keeping simple, giving self-employed professionals more time to grow their business. The spin-off shows that Tellow is ready for the next stage,” says Kirsten Konst, head of Commercial Banking and member of Rabobank’s Managing Board.

New direction

The spin-off will further enhance the Tellow identity and brand. Roel Smelt, the new CEO of Tellow: “The number of freelancers is clearly growing. Through Tellow we reduce the burden of administration for entrepreneurs, giving them more time to do what they’re good at: developing their business as professionals!”

“Through innovative solutions like Tellow we are realising our mission of helping entrepreneurs to grow. Tellow offers digital convenience and makes book-keeping simple, giving self-employed professionals more time to grow their business. The spin-off shows that Tellow is ready for the next stage,” says Kirsten Konst, head of Commercial Banking and member of Rabobank’s Managing Board.”

Started as Moonshot

Tellow originated in 2016 from the Rabobank’s Moonshot internal accelerator programme which encourages employees to come up with innovative ideas and develop them in-house to bring them to market.