# Exbo Group

Exbo Group is a Bank / Wealth / Trust based in New York, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** www.exbogroup.com
- **LinkedIn:** https://www.linkedin.com/company/exbo-group

## Regulatory record

- **Reports private funds:** No

## About

Founded in 2016 by Hatim Shafique, Exbo Group emerged from the structural gap in venture finance: startups between seed and Series C require institutional-grade financial operations but rarely hire a full-time CFO, controller, or strategic finance lead. Shafique, who previously worked in investment banking and startup operations, built the firm to embed directly into clients' teams, operating from New York with a distributed staff that mirrors the remote-first posture of its portfolio. Exbo focuses on venture-backed technology companies, providing outsourced CFO advisory, accounting, bookkeeping, and strategic finance services. Asset-class exposure is indirect — the firm earns fees for service rather than deploying capital — but its client roster concentrates in sectors where venture allocators are most active. Known clients have included enterprise software, fintech, digital health, and consumer internet companies, typically post-Seed through Series B, where the operational lift of fund administration, investor reporting, and audit preparation peaks. Team size and total revenue are not publicly disclosed. The firm has not raised external capital for its own operations and remains founder-owned. Philanthropic vehicles, adjacent fund structures, or real-asset arms tied to Exbo Group are not known. Over the past 24 months, Exbo has continued to expand its outsourced CFO practice for venture-backed startups, adding senior hires from Big Four accounting firms and former startup finance leaders — a pattern noted in various hiring announcements and industry coverage. What structurally distinguishes Exbo from traditional consulting firms or fractional CFO networks is its embedded, productized model. The firm does not simply advise; it operates inside the client's QuickBooks, runs M&A diligence processes, and manages investor reporting as if it were the internal finance team — blurring the line between outsourced service and permanent infrastructure. That posture suits founders who need Series B readiness without the overhead of building a finance department from scratch.

## Sectors

- Enterprise Software
- FinTech
- Digital Health
- Consumer Internet

## People

- Hatim Shafique — Founder & CEO

## Questions

### What does Exbo Group actually do for startups?

Exbo Group acts as an outsourced strategic finance department for venture-backed companies, primarily those between seed and Series C. Services include fractional CFO advisory, bookkeeping, cap-table management, financial planning and analysis (FP&A), board-deck preparation, and investor reporting. The firm positions itself as a step beyond a fractional CFO, embedding directly into the client's accounting systems and operating as the internal team.

### Who founded Exbo Group and who leads it?

Hatim Shafique founded Exbo Group in 2016 and serves as CEO. Shafique's background includes investment banking and operating finance roles at startups before launching Exbo to address the finance-team gap at growth-stage technology companies.

### What types of companies does Exbo Group typically work with?

Exbo focuses on venture-backed technology startups, most commonly post-Seed through Series B. The client base spans enterprise software, fintech, digital health, and consumer internet companies. The firm targets startups that need institutional-quality finance functions — including audit readiness and due-diligence support — but are not yet large enough to hire a full-time CFO and controller team.

### Does Exbo Group invest directly in its client companies?

No, Exbo Group operates as a services firm, not an investment firm. It earns fee revenue for CFO, accounting, and strategic finance services rather than deploying capital or taking equity positions. There is no publicly disclosed fund structure, balance-sheet investment program, or capital-deployment vehicle associated with Exbo Group.

## Related profiles

- [Ewing Bemiss & Co](https://altss.com/profile/ewing-bemiss-co)
- [Excalibur Management](https://altss.com/profile/excalibur-management)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/exbo-group

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology