Charleston fintech sector expanding
Levi Morehouse, CEO of Ceterus, said he launched his company — a cloud-based accounting service for small-business owners, entrepreneurs and franchisees — in 2008 after seeing a need for companies to outsource their accounting tasks.
“I realized those small-business owners and myself and other people spent too much time on the back office dealing with accounting, bookkeeping, payroll and financial reporting,” Morehouse said.
Since Ceterus relocated to Charleston from Michigan five years ago, the accounting software company has raised $20 million and grown from around 20 people to 150 employees at its office at 804 Meeting St.
