Press Release 7th January 2019
UK tax startup untied has joined the latest cohort of the Accenture Fintech Innovation Lab, one of only 20 companies selected from 280 entrants from 41 countries.
The lab is a three month accelerator programme in which untied will be partnered and mentored by banks and other financial institutions, all of which were also involved in choosing the businesses to participate.
“This is important for untied early in our development,” said untied CEO Kevin Sefton, “and we find ourselves in the company of very exciting fintechs. The whole model of the programme is significant in finding ways for new disruptors and established institutions to work together.”
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.