Involancer provides a platform that allows freelancers and remote workers to issue legally compliant invoices and receive payments without the need to establish a company in the EU. The service includes an EU-based IBAN for transactions and supports online payments in over 186 currencies, streamlining the billing process for users across various industries.
Funding
$459.7K 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 remote workers often face challenges in issuing legally compliant invoices and receiving payments, especially when dealing with international clients, without establishing a formal company structure in the EU. Traditional payment systems may not support transactions in all currencies, creating additional hurdles for global transactions.
Solution
Involancer provides a platform that enables freelancers and remote workers to invoice clients and receive payments without the need for establishing a company in the EU. The service offers users an EU-based IBAN for transactions, facilitating smoother financial operations. Involancer supports online payments in over 186 currencies, streamlining the billing process for users across various industries and geographic locations. By handling invoicing and payment processing, Involancer allows users to focus on their core tasks, reducing administrative burdens and saving time. The platform also automates VAT-compliant invoicing, ensuring adherence to European legal standards.
Target Audience
The primary target audience includes freelancers, remote workers, and businesses that need to pay international contractors, particularly those who require EU-compliant invoicing and payment solutions.
Features
- EU-based IBAN account for receiving payments
- Support for sending invoices in multiple currencies (over 186)
- Automated VAT-compliant invoicing
- Interactive proposal creation
- Payment notifications
- User-friendly dashboard
- Integrations with payment gateways like Stripe and Wise
- Payroll service for managing payments to remote workers