Abillio is a SaaS platform that simplifies cross-border payments and tax compliance for businesses and freelancers. The platform enables freelancers to invoice clients globally without needing to establish a formal company, while also helping businesses manage and pay international contractors.
Funding
$10K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Freelancers and businesses face complexities in managing cross-border payments, invoicing, and tax compliance, often requiring them to navigate varying international regulations and financial systems. This administrative burden can be time-consuming and costly, hindering productivity and growth.
Solution
Abillio offers a SaaS platform designed to streamline global payments and tax compliance for freelancers, businesses, and marketplaces. The platform enables freelancers to invoice clients in 158 countries and receive payments in multiple currencies without establishing a formal company. Abillio automates VAT invoicing, accounting, and tax payments, ensuring compliance with international regulations such as DAC7. Businesses can use Abillio to manage and pay international contractors, automate onboarding, and generate necessary tax documentation. The platform supports payouts to personal bank accounts, cards, PayPal, and crypto wallets, leveraging integrations with services like Wise for efficient cross-border transactions.
Target Audience
Abillio targets freelancers, solopreneurs, independent contractors, businesses, and marketplaces that require efficient and compliant solutions for managing international payments and tax obligations.
Features
- Global invoicing in 158 countries and 8 currencies
- Automated VAT invoicing and tax compliance
- Support for payouts to bank accounts, cards, PayPal, and crypto wallets
- Streamlined service agreements for each client
- Automated payment reminders
- Integration with Wise for fast cross-border payments
- Tools for businesses to onboard and manage international contractors
- Generation of tax documentation, including DAC7 and 1099 forms