Foxglove Studios – Mobile Game Developer with Global Workforce
Challenge
Foxglove Studios, a mobile game developer founded in 2011 with a focus on free-to-play games, faced the challenge of managing accounting and financial operations while operating with a distributed global workforce. Although based in Stockholm, Sweden, the company allowed employees to work from anywhere they preferred, resulting in a truly global team. This distributed model required flexible financial management that could accommodate international employment standards, complex payroll considerations, and the need for a partner who understood both Swedish business requirements and international operations.
Above all, I appreciate Revideco's flexibility. Flexibility in understanding that numbers are one way to read the story of your business. Flexible in remembering that there are people behind numbers. Revideco's atmosphere is generous, open, and inviting for discussions. I would, without hesitation, recommend them. — Senta Jakobsen, MD, Foxglove Studios
Solution
Revideco provided comprehensive accounting and financial services to support Foxglove Studios' operations. The services included book-keeping, salary administration, tax management, group and stock market reporting, and year-end procedures. Revideco's approach went beyond traditional accounting services—the firm leveraged its extensive professional network to support the company's setup and continued operations. The partnership was built on understanding that Foxglove Studios needed more than just numbers; they needed a flexible partner who could provide strategic guidance on Swedish employment standards whilst accommodating an international owner structure.
Results
The partnership has been ongoing since 2012, providing stable financial management for the company's growth and operations. Foxglove Studios has successfully maintained its operations with a global workforce whilst managing complex financial and compliance requirements across multiple jurisdictions.