Leading the round is Octopus Ventures, with previous investors SpeedInvest, Seedcamp, and Finch Capital following on. Also participating is Clocktower Technology Ventures, a US-based venture capital firm specialising in financial technology. Aiming to build a ‘pan-European’ tax filing service, first stop outside the UK is Spain, with TaxScouts having already appointed a Madrid-based country manager. Spain was chosen based on the size of the market and the complexity of the local tax system, and expansion will continue to further European markets in the near future.
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