The team
Experienced accountants and finance operators, embedded in your workflow.
- Bookkeeping & AP/AR
- Month-end close
- Payroll coordination
- Management reporting
Back-Office
The back-office operating system for modern finance.
We bring the team, the controls, and the tech, so you can focus on the numbers that matter.
For fractional CFOs, finance teams and growing companies
Who we are
Big-programme experience, built for growing companies
28FiTech AG is a Zug-based joint venture of Pavel Izmaylov and Gerrie Grobbelaar, specialised in finance operations, structured credit and portfolio administration.
We bring the processes and controls we ran for global banks to companies that need a reliable back office without building one in-house.
What we deliver
The team, the controls and the tech
The controls
Documented processes that hold up to auditors, boards and investors.
- Reconciliations
- Approval workflows
- SOPs & segregation of duties
- Audit readiness
The tech
A connected finance stack, set up and run for you, with real-time visibility.
- Accounting system setup
- Bill pay & expense tools
- Dashboards & KPIs
- Data rooms
In practice
Your finance function, running
Month-end close
Standardised close checklists, run the same way every month.
Approvals & alerts
Approval workflows and exceptions routed to the right person.
Reporting packs
Management reporting, dashboards and data rooms for boards and investors.
Who we serve
For the people who run a company’s finances
Fractional CFOs
Take on more clients with a reliable delivery team behind you, so your time goes to strategy.
TYPICAL TRIGGERMore clients than hours
Finance teams
Scale capacity without adding headcount, close faster and free your people for analysis.
TYPICAL TRIGGERGrowth, a funding round or a new reporting demand
Owner-managed companies
A complete finance function for companies with no internal finance staff.
TYPICAL TRIGGEROutgrown the bookkeeper, or tired of doing it yourself
Asset manager, lender or fund administrator?
Credit & Capital Markets
Case studies
How we work with finance leaders
A fractional CFO practice taking on more clients
Challenge
Partner time was absorbed by bookkeeping, month-end closes and reporting across a growing client base. Hiring staff for every new client wasn’t viable.
What we did
- Embedded a dedicated delivery team
- Standardised close checklists and reporting packs across clients
- Set up one shared finance tech stack
A scale-up finance team closing faster without new hires
Challenge
Fast growth left a small team buried in manual reconciliations. The close kept slipping and there was no time for analysis or planning.
What we did
- Took over AP/AR and reconciliations
- Documented controls and SOPs
- Automated bill pay and expense workflows
What you get
Precision, applied to process
At 28FiTech AG we are pioneers in delivering innovative business solutions that empower issuers, administrators and businesses to thrive in an ever-evolving market.
Our expertise lies in leveraging advanced automation technologies to streamline investments and business processes — ensuring efficiency and precision at every step.
- Automation of complex business workflows
- Enhanced operational productivity
- Advanced, real-time reporting solutions
- Intelligent, data-driven decision-making tools
- Reduction in manual effort and human error
- Actionable insights through robust analytics
- Scalable systems designed for long-term efficiency
How it works
From first call to a running back office
Diagnostic
We map your processes, systems, controls and gaps.
Set-up
Accounting system, bank feeds, controls and reporting pack configured.
Handover
We take over from your current bookkeeper or team and run a first close alongside them.
Run
We operate your back office every day, with a named contact.
Our service levelsAgreed close dateFixed reporting dayFast query responseVAT & filings on timeNamed contact + backup
Working with us
Simple engagement models
Start with a diagnostic, then keep us running it on a retainer, or take it in-house.
Diagnostic & set-up
Fixed fee for a defined scope: review, system set-up, controls and reporting design.
fixed fee
Managed finance operations
Bookkeeping, AP/AR, close, reporting, VAT and payroll, priced on your volume and complexity.
monthly, volume-based
Fractional finance director
A set number of days a month of senior oversight, on top of the managed service or on its own.
monthly, days-based
All fees exclude VAT.
Our technology
Built on platforms you already trust
One connected stack for servicing, accounting and reporting, set up and run for you.
Servicing platformCascade
Loan and receivables data platform: validation, reconciliation, borrowing base, covenant monitoring and investor reporting.
AI · AnthropicClaude
Reads documents and speeds up reconciliation and reporting, reviewed by our team.
AccountingXero
Cloud accounting, invoicing and bank reconciliation.
AccountingExact Online
Cloud accounting and ERP across the Benelux and Europe.
WorkplaceMicrosoft 365
Documents, email and collaboration.
HostingHetzner
Hosting for our own bookkeeping platform, in Germany.
WorkplaceGoogle Workspace
For teams who work in Google.
Trust & controls
Your data, protected and kept in Europe
Hosted in the EU
Our own platform runs on Hetzner servers in Germany (ISO 27001, BSI C5). Microsoft 365 stays within the EU Data Boundary.
GDPR & Swiss FADP
Data processing agreements with every subprocessor. Full subprocessor list available on request.
Secure access
MFA and role-based access, encryption in transit and at rest, and Cloudflare firewall and DDoS protection.
Certified suppliers
Xero (ISO 27001, SOC 2 Type II), Google (ISO 27001, SOC 2), Hetzner (ISO 27001) and Anthropic (SOC 2, ISO 27001, ISO 42001).
Responsible AI
Claude is used through Anthropic’s API: your data is not used to train models, and our team reviews what the AI produces.
Controls & continuity
Documented SOPs, segregation of duties and approval workflows. Data stays recoverable from the systems of record.
Core team
Finance, structuring and operations experience
GG
Gerrie Grobbelaar
Finance & Technology, Engagement Partner
- 15+ years in audit, financial accounting and reporting at PwC, Fairphone and TMF Group
- Structured finance, administration and capital markets
- Professional Accountant (SA), Chartered Accountant (Ireland), ACMA, CGMA, Chartered Controller
- Executive Master’s in Finance & Control, Maastricht
PI
Pavel Izmaylov
Legal & Operations, Engagement Partner
- 20+ years in structured finance, capital markets and digital assets
- Head of Capital Markets Services, TMF Group Zurich (2014–2022): ABS, RMBS, CLOs, ABCP; direct debt loan administration
- Former Director, Apex Group Zurich
- Law degree (Hons), LLM Tax Law (Geneva), Swiss Bar
Next steps
Let’s talk about your back office.
Book a short call and we’ll show you what we’d take off your plate.