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."
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