With 57% of German tax advisors over 50, AnyTax raises €1 million to modernise tax infrastructure

Berlin-based startup AnyTax has secured €1 million in pre-Seed funding to develop embedded tax solutions for financial platforms. The company aims to simplify how platforms integrate tax capabilities and how users interact with them. This funding round signifies growing investor interest in modernizing tax infrastructure, particularly within the financial technology sector. AnyTax's funding round is supported by investors from the banking sector, including IBB Ventures and BLACKVRST Equity, along with early-stage VC Heartfelt and prominent angel investors. The company, founded in 2024, is building API-first, embeddable tax infrastructure to enable financial platforms to integrate fully compliant digital tax services. The company recognizes a market gap, as financial services have rapidly digitalized while tax services have lagged. The development of AnyTax's solutions targets financial platforms, financial advisors, and tax advisors. Financial platforms can embed AnyTax's offerings, while advisors can use white-label digital solutions for their clients. AnyTax's goal is to enable any financial service provider to offer digital tax solutions to their customers, which are increasingly expected in the market. This investment highlights a trend towards automation and digitization within the tax and compliance sector. With 57% of German tax advisors over 50 and set to retire in the next decade, there is an increasing need for digital solutions to address the gap. This also positions AnyTax to take advantage of the market.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
