One of the most common struggles most households experience is with keeping all household finances in order. That is one reason the personal finance app doxo was created. doxo was founded in Seattle by forward-thinking idea people and venture capitalists like Amazon’s Jeff Bezos and his firm, Bezos Expeditions. They view doxo as a way to make it easier for ordinary people to keep track of their bills, pay them and to reduce the resultant paperwork. And the security is so strong, it makes scams almost impossible.
A decade after the founding of doxo, millions of consumers now use the service to pay all their bills and also to keep copies of everything, including bills, invoices and other important documents in a virtual file cabinet. With doxo, bill payers tend to experience a feeling of complete control, often for the first time, with no scams possible. One reason for that peace of mind cant be that doxo attempts to make users’ lives completely paperless, by placing all bills and receipts into a virtual file cabinet of sorts; a single location where everyone can manage all their bills and pay them on time, with no complaints or hassles.
Because of that focus, and because of their precipitous build-up of a network of tens of thousands of billers and creditors, doxo users can pay everything from a single online account and don’t have to worry about having to deal with multiple online accounts, or companies that won’t take a credit card or poorly designed websites that turn paying a bill into a major undertaking. Most of the scams surrounding paying bills are set aside when people choose to use doxo to pay their monthly expenses.