Manual bookkeeping and accounting is tedious, error-prone, and outdated, but can automation & AI fix it? In this episode of Open For Business, we speak with Hazli Johar, Co-Founder and CEO of Cynco, an AI-powered bookkeeping platform built specifically for startups and SMEs.



Hazli breaks down how Cynco wants to differ from industry giants like QuickBooks and Xero by focusing on business owners, not accountants. We explore the platform’s automation features, from document processing to categorization using narrow AI models, along with its SaaS pricing model, user feedback, and traction since soft launching in late 2024.



We also dive into Cynco’s product-market fit journey, its current $125,000 pre-seed raise, and growth targets of 1,000 users and $70,000 revenue by end-2025. Hazli explains why they believe their lean, focused approach can outmaneuver slower incumbents, and what it’ll take to keep scaling sustainably.



Is Cynco truly building the future of accounting, or is this just another fintech longshot in a crowded market? Tune in to find out.

Manual bookkeeping and accounting is tedious, error-prone, and outdated, but can automation &amp; AI fix it? In this episode of Open For Business, we speak with Hazli Johar, Co-Founder and CEO of Cynco, an AI-powered bookkeeping platform built specifically for startups and SMEs.Hazli breaks down how Cynco wants to differ from industry giants like QuickBooks and Xero by focusing on business owners, not accountants. We explore the platform’s automation features, from document processing to categorization using narrow AI models, along with its SaaS pricing model, user feedback, and traction since soft launching in late 2024.We also dive into Cynco’s product-market fit journey, its current $125,000 pre-seed raise, and growth targets of 1,000 users and $70,000 revenue by end-2025. Hazli explains why they believe their lean, focused approach can outmaneuver slower incumbents, and what it’ll take to keep scaling sustainably.Is Cynco truly building the future of accounting, or is this just another fintech longshot in a crowded market? Tune in to find out.

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

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