Berlin IntegralA Fintech Startup Innovating Accounting, Taxation and Pay Row Services for SMEs, today, with its first product launch, targeted German SMEs from the professional service sector and announced its € 6.3 million fund round.
The fund was led by the General Catalist and Cherry Venture with the participation of the puzzle and the participation of various European entrepreneurs.
“Our vision is clear: to define how SMEs accounting, taxes and pay payments. We believe that traders are the most important – they should concentrate on increasing their business. Dition requires sufficient time and effort by SMEs for the Self-Service software solutions-they cannot spend on their business growth time. We want to be a trusted partner for SMEs because they gain AI’s power to re -invent these operations to make these operations faster and smart. We’re creating a platform that enables SME to fully outsource these services, “ D Lucas jarnerIntegral founder.
Established by Lucas Jarner and Anil Canal Bayal in 2021, an integral set was set to re -define how accounting, taxation and salary work for SMEs in Europe, starting with Germany. Both are the founding members of the paved industrial experts who have previously established financial services companies.
According to the integral, Germany’s € 45 billion dollars accounting and tax markets are failing its smgs. German SMEs face some of Europe’s highest tax consent expenditure, Their turnover average ~ 1.9%The A critical deficit of skilled professionals – 71% of the consultant agencies report the problem of staff – Makes the problem worse, manual leads to defects and missed deadlines.
In addition, the integral argues that the industry depends on the lack of old technology, manual workflow and the lack of a platform that keeps the need for both SMEs and advisors. For SMEs, it can translate high expenditure, weak service quality and lack of real-time insights, ending their growth and competition in the end.
One of the main functionality of the integral includes a central cooperation and communication platform with a partner tax adviser, it empower customers’ financial equipment directly and empower both AI SMEs and advisors.
“The SME is the backbone of Europe’s economy and society, yet they are undervyle for accounting and digital equipment for taxes. We believe Lucas and Anil have a deep experience of making financial products for exceptional founders and SMEs with a compulsory view. We are interested in being partner with them in their mission to achieve success in the European economy, ” D Zeynep yavuzPartner in the General Catalist.
Integral will use the funds to create a strong product with its customers and to create a strong product to combine an experienced, dedicated team in Berlin.
“In Cherry, we are fundamentally returned to the founders with the ambition of the rebuilding industry,” D Philip DemsCherry Venture is the founding partner. “The bold vision of the integral team to revolutionize taxes and accountant services for SMEs across Europe cope with the pain points involved in the deep -associated pain point. Lucas, Anil and their team are creating something converting and we are delighted to be their partner in this journey.
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