Aibidia, a fintech helping multinational giants pay their taxes, just raised $14.2 million using this 10-slide pitch deck
The Helsinki-based firm helps large multinationals automate and digitize their transfer pricing.Aibidia, a fintech that helps multinational giants pay taxes globally, has raised $14.2 million in funding.
In short, Aibidia has created a digital platform where large companies like Volvo can manage their tax burden by connecting to the startup's API which then collects and standardizes millions of unstructured data points to give businesses a clearer view of their tax obligations. "The reason no one has done this before is the number of data points and its taxonomy," Leppänen said."Big fours haven't had any motivation to do something about this but we did our homework, we know the questions, have identified the key data points, and using APIs we connect the business data directly into the system."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$14 Billion Deal to Create Mega-Pipeline CompanyThe major energy deal will combine Oneok and Magellan, forming the second-largest U.S.-based pipeline company by stock-market value.
Read more »
Dozens of ‘frost quakes’ hit a Finnish town in just 7 hoursFears are growing that seismic activity known as frost quakes or ice quakes – which can cause huge cracks in roads and houses – are becoming more frequent because of climate change
Read more »
I saw Quantinuum's new quantum computer and it was mind blowingInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Stock Market Crash: S&P 500 to Drop 45% Amid Credit Crunch, RecessionA 31-year market vet who called the current bear market warns an impending credit crunch and recession will sink stocks by 45% as valuations remain higher than dot-com bubble levels
Read more »
Kelly Clarkson responds to claims her talkshow has a toxic workplaceKelly Clarkson said it's 'unacceptable' if any staff on her talk show feel 'unheard' or 'disrespected' following toxic workplace claims
Read more »
Twitter CEO already has a parody account that's 'suspended' Elon MuskTwitter's new CEO hasn't even started yet, but she already has a parody account that's 'suspended' Elon Musk
Read more »