Helu receives USD 5 mln

Friday 9 July 2021 12:21 CET | News

The Austria-based fintech startup Helu has collected USD 5 million (EUR 4.2 million) from investors.

The financing round was led by VC Atlantics Labs as well as the founders of WeFox and Bitpanda. The collected capital will be used to expand the team and the product. Helu is currently digitising tax advice, meaning tax advisors can work together with finance departments, mandates and CFOs via the online platform.

According to a Helu representative, tax firms can work with their clients in a more efficient way as Helu's technology aims to act as a bridge for SMEs to DATEV in order to analyse the data entered there. DATEV is the standardised accounting software most used in Germany with a direct connection to the tax office.

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Keywords: investment, fintech, SMEs, startup
Categories: Banking & Fintech | Online & Mobile Banking
Countries: Austria
This article is part of category

Banking & Fintech