Press Release 31st March 2019
Taxtech pioneer untied has announced an investment from Barclays Bank and the prestigious accelerator Techstars, together with participation in the Barclays Accelerator powered by Techstars in Tel Aviv.
“Businesses backed by the Barclays Accelerator and Techstars have a proven record of success and delivering returns for investors,” said untied CEO Kevin Sefton. “We’re looking forward to learning, and joining the other nine companies from around the world in the programme. By being in Tel Aviv, we’re in an important global fintech centre, reinforcing the potential for untied not just in the UK but around the world”.
untied is designed for the 12 million people in the UK who submit a personal tax return.
untied’s app gives people year-round control of their taxes. It finds information from existing bank accounts, sorts it, learns from it and saves tax for the user- all in real time. At the end of the financial year, it has the tax return ready to file, straight from the app.
untied are working with major app-based and high street banks as well as HMRC to simplify taxes for millions of people.