Automating taxes for the internet economy.
Fonoa’s platform is the first digital tax solution with global coverage, providing a plug-and-play modular platform that helps businesses convert costly and complex processes into automatic ones. Using a simple API solution, Fonoa determines and calculates the right amount of tax a business should pay. In turn, this results in greater profitability for customers who can reduce their operating costs and increase their tax compliance at the same time.
Dawn Capital, Europe’s leading specialist B2B software investor, today announces it has raised $700m to invest in the next generation of global software leaders.
It’s not all been doom and gloom this year when it comes to European fintech, with some companies growing headcount by as much as 300%.
Overall fintech funding is down to its lowest in two years, but investors are looking for cheaper deals in some unexpected places.