AnyTax, a Berlin-based startup building embedded tax solutions for financial platforms, today announced the closing of its €1 million pre-seed funding round. Among the investors are experts from both the financial and the tax and accounting sectors. Investors from the banking world, such as IBB Ventures and BLACKVRST Equity, as well as early-stage VC Heartfelt and renowned angels, including the current Chairman of the Supervisory Board of N26 and the Founder of sevDesk, are participating in the round.
While banking and personal finance have rapidly digitalized over the past years, innovation in tax services has been minimal. Taxes remain disconnected, intransparent, and costly, with taxpayers relying on outdated tools or expensive and understaffed tax advisors. Financial platforms are in a prime position to solve this problem for their users since they already sit on a wealth of tax-relevant data points. However, they lack the expertise and capacity to build these solutions themselves.
AnyTax changes this by providing pre-built, API-first and fully compliant tax solutions that financial platforms can embed directly into their product suite. AnyTax’s modular and AI-powered tax infrastructure unlocks tax as a new product vertical for any financial platform. Not only financial platforms benefit: financial advisors and tax advisors can also leverage AnyTax’s white-label digital solutions to offer modern tax services to their clients under their own brand.
“Banking, payments and investing have all become real-time; with taxes being so closely connected to these aspects of our financial lives, it feels ancient how manual and intransparent everything around taxes still is today.” said Moritz Kuder, Co-Founder of AnyTax. “Our mission is simple: anyone offering financial services should be able to extend their product offering with seamless, digital tax solutions.” adds Yash Gadiya, Co-Founder.
57% of Germany’s tax advisors are over 50 and set to retire within the next decade, while fewer young professionals are entering the field.
AnyTax is led by a team of former fintech operators, tax and accounting professionals, and tax technology engineers, blending industry experience with technical expertise to modernize tax services for financial platforms.
The timing for embedded tax services could not be more urgent. 57% of Germany’s tax advisors are over 50 and set to retire within the next decade, while fewer young professionals are entering the field. At the same time, fintech platforms are evolving into all-in-one financial hubs, offering an increasingly comprehensive suite of personal finance products, with tax being the missing piece of the puzzle.
“Digital tax solutions are a natural extension of financial services, and users are increasingly expecting them from modern platforms. The pressure to start offering tax solutions to stay competitive, especially as digital tax platforms begin offering financial services themselves, has never been higher,” said Tobias Schimmelpfennig, Investment Director at IBB Ventures. “The team’s tax domain expertise and track record of building highly compliant and secure technological solutions uniquely position them to build and lead in this emerging category,” added Cindy Beckel, Investment Manager at IBB Ventures.
The new funding will be used to expand AnyTax’s tax infrastructure and portfolio of embeddable tax solutions in partnerships with leading financial platforms. AnyTax’s goal is to make tax truly accessible, simplifying how platforms integrate tax capabilities and how users experience them.
