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CloudBusiness Inc.
CloudBusiness logo.png
Type of site
FoundedFebruary 2016
No. of locations2
Founder(s)Michael Astreiko, CEO

CloudBusiness Inc. is a business, financial, and accounting company that develops and supports software as a service for small and mid-size businesses, accountants, and individuals. It is known internationally thanks to winning the Grand Prize at the Intuit's SmallBiz Hack in London in 2018 and becoming the top 10 finalist in the 2018 $100K Small Business App Showdown at the QuickBooks Connect in San Jose, California, in November 2018.[1][2]


CloudBusiness was founded in February 2016 by Michael Astreiko, and has two main offices, in Dover, Delaware and Minsk, Belarus.

The first product they released on Intuit Appstore in February 2016 was Business Importer, an app initially made for QuickBooks Online, with versions for QuickBooks Desktop, Xero, Sage Business Cloud Accounting and MYOB released later in 2016.[3]

In February 2017, CloudBusiness released Donor Receipts for QuickBooks Online.[4]

In August 2017 CloudBusiness announced the release of Synder[5] (previously called Business Payments), initially for QuickBooks Online, with versions for QuickBooks Desktop and Xero following up later.

In late February 2018 a team of developers from CloudBusiness, led by the CEO Michael Astreiko took part in Intuit’s SmallBiz Hack[6] in London and won the grand prize[7] with Flowless. Flowless was subsequently released on the Intuit AppStore in August 2018 to eventually become a top 10 finalist in the 2018 $100K Small Business App Showdown at the QuickBooks Connect[8] in San Jose, California, in November 2018.[1][2]

Current products[edit]

  • Synder - is a multifunctional finance management platform, providing options to receive credit card payments online and automatically record transactions from Stripe, PayPal, and Square in QuickBooks Online, QuickBooks Desktop (Stripe only) and Xero (Stripe only as of June 2020).

Further information: Synder App

  • Business Importer
  • Flowless - is an Intuit’s SmallBiz Hack grand-prize winning app designed for accountants and small businesses to automate diverse business processes by creating required workflows without additional IT skills required.
  • Donor Receipts - is an app designed for nonprofits to auto-generate IRS and CRA compliant Donation Receipts by pulling transactions from Quickbooks Online.

Awards and recognition[edit]

In February 2018 a team of developers from CloudBusiness, led by the CEO of the company Michael Astreiko competed in and won the Grand Prize at the Intuit’s SmallBiz Hack in London with its new app Flowless.

After being released in August 2018, Flowless became a top 10 finalist in the 2018 $100K Small Business App Showdown organized by Intuit.[9]

External links[edit]


  1. 1.0 1.1 "Milestones for Flowless". CloudBusiness. 2019-01-24. Retrieved 2020-06-16.
  2. 2.0 2.1 "Intuit Developer Spotlight: Flowless, App Showdown Finalist". Intuit Developer Community Blog. 2019-03-01. Retrieved 2020-06-16.
  3. "Meet Business Importer: The easiest way to import data from Excel spreadsheets into Xero - XU Hub". xumagazine.com. Retrieved 2020-06-17.
  4. "How to Create Giving Statements Using the Donor Receipts App | Goshen Bookkeeping & Consulting". Goshen Bookkeeping & Consulting | Accounting & Advisory Services for Nonprofits & Soleprenuers. Retrieved 2020-06-16.
  5. Editor, William Murphy Senior (2017-08-22). "QBO App First Look: Business Payments". insightfulaccountant.com. Retrieved 2020-06-16.
  6. "INTUIT QUICKBOOKS SMALLBIZHACK LONDON Organized by Intuit QuickBooks". Unknown parameter |url-status= ignored (help)
  7. "https://twitter.com/intuitdev/status/967803386774073344". Twitter. Retrieved 2020-06-16. External link in |title= (help)
  8. "Home | QuickBooks Connect | November 4–6, 2020 | San Jose, CA". QuickBooks Connect. Retrieved 2020-06-16.
  9. "2018 $100K Small Business App Showdown FINALISTS". Intuit Developer Community Blog. 2018-10-01. Retrieved 2020-06-16.

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