
FinTax raises seed funding at $40M valuation
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- FinTax completed a seed funding round led by YZi Labs at a US$40 million valuation.
- Amber, Hash House, Pundi AI, Waverider International and Nexus Holdings also participated.
- The investment amount was not disclosed.
FinTax completed a seed funding round led by YZi Labs at a US$40 million post-money valuation.
The round also included Amber, Hash House, Pundi AI, Waverider International and Nexus Holdings.
The investment amount was not disclosed, while earlier investors included Victory Courage, BGIN and Tools Factory.
FinTax provides crypto accounting, tax services, financial audits and on-chain data tools for businesses.
The company plans to expand from Asia-Pacific and North America into Europe and the Middle East.
FinTax also plans to expand its five product lines and increase its use of AI across finance and tax services.
YZi Labs will work with FinTax on institutional finance, tax infrastructure, compliance, stablecoins, real-world assets and payments.