Tax automation platform Fonoa raises $60m Series B
Cash will go towards doubling the company’s headcount and expanding into new markets.
Tax
SunTec hires ex-IBM exec as new chief strategy and transformation officer
Pramod Perumparambil will drive the company’s strategy to accelerate business growth.
Fintech start-up April secures $30m Series A to grow its embedded tax platform
Since launching in January 2022, the company has now raised $40 million in total capital.
KPMG and Microsoft partner to deliver cloud-based tax technologies
KPMG says its Digital Gateway platform, in collaboration with Microsoft, is “built with the C-suite in mind”.
Tide partners Sage to offer new tax and accounting product
Tide says its new offering will reduce the “time and stress of traditional accounting” for its customers.
US fintech MainStreet lays off 30% of employees
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
FinTech Futures Jobs: Here’s why you should check out these fintech jobs
Exciting open vacancies at Tendable, Seedrs and Xero. Apply today!
Mobile tax app Taxfix lands unicorn status with $220m Series D funding
The round saw participation from Teachers’ Venture Growth, Index Ventures, Valar Ventures, Creandum and Redalpine.
German fintech ExpressGroup lands €25m Series A
The round was led by Insight Partners and Project A Ventures.
London Stock Exchange Group sells BETA+ in $1.1bn deal
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
European tax compliance platform Taxdoo lands $64m in Series B funding
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
Swiss fintech start-up Yokoy raises $26m in Series A round
The Swiss fintech plans to invest in tech development and global expansion.
Indian tax fintech Clear secures $75m to capitalise on country’s digitisation
The e-filing company will also broaden its offering to people and businesses.
FinTech Futures Jobs: Three companies on major hiring sprees this quarter
Exciting vacancies at Checkout.com, Deloitte and Everbridge. Apply today!
FinTech Futures Jobs: Three brilliant roles to apply for this week
Exciting vacancies at Broadridge, Checkout.com and Deloitte. Apply today!
Canadian fintech FreshBooks reaches $1bn valuation with latest funding
Firm secures $80.75 million in Series E funding and $50 million in debt financing.
FinTech Futures Jobs: Three exciting companies to keep an eye on for job opportunities
Exciting vacancies at Grant Thornton, Deloitte and BNY Mellon. Apply today!
Time to apply 2020 tax lessons
You should have a candid tax planning discussion with your advisors early
Female-led tax reporting fintech KAWC takes tech into own hands
“We approached male investors, but they were so condescending,” says CEO.
Six trends that will change the crypto world in 2021
Which coins will rise in price and which ones will fall?
Report: Cloud readiness – banking technology in transition
Cloud-ready SDS IREG enables customers to take the step towards next-generation tax reporting.
RTP is changing payments fast
RTP is bound to cause swift changes for the customer-facing side and behind the scenes.
Making Tax Digital policy changes explained
UK gov’s initiative, Making Tax Digital (MTD), aims to make tax administration simpler.
Belgium investigates Credit Suisse over hidden accounts
It follows allegations that the bank helped 2,650 Belgians hide their accounts from tax authorities.
Bank of England apologises for role of former governors linked to slave trade
British taxpayers have been paying off slave owners from 1833 to 2015.
Europe battles on with digital tax plans despite US walk out
Almost 140 countries are part of the talks to bring in a digital tax.
PayTech Awards winners: where are they now? ANNA – Best Corporate Payments Initiative
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
PayTech Awards winners: where are they now? Streeva – PayTech for Good
We talk to some of the winners of last year’s PayTech Awards to see how they have fared since then.
Facebook attempts to address concerns expressed by regulators on the original proposal
The tax problems with this proposal identified in our client briefing on Libra 1.0 remain unresolved.
EXCLUSIVE: Drugs, defecation, and graffiti at HMRC’s Manchester headquarters
Government body aims to clamp down on “reprehensible” behaviour.
How to choose the right jurisdiction for opening a company
Brigewest explores how the Middle East has become an attractive region for businesses.
Top tips for protecting your assets in 2020
Interesting wealth management tips to consider during 2020.
Tax app untied receives authorisation from FCA
It can take full advantage of open banking.
PNC launches fintech start-up inside the bank
The first development has been indi, a mobile phone-based bank account for gig workers.
White paper: Digitalisation, automation, coverage, timeliness and reliability
Challenges regarding the automatic exchange of information (AEOI) regarding tax matters summarised.
Libra cryptocurrency users face taxing problem
It is not clear how Facebook intend to solve this problem.
