Kontist offers a digital business account for freelancers and small businesses, simplifying financial management with real-time tax estimations and automated tax savings. The platform provides integrated banking features, receipt management, and invoicing tools to streamline operations and ensure tax compliance.
Funding
$4.5M 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 small businesses often struggle with managing their finances and tax obligations, leading to administrative burdens and potential compliance issues. Traditional banking solutions may not offer integrated tools for real-time financial oversight and tax planning.
Solution
Kontist provides a digital business account designed to simplify financial management for freelancers and small businesses. The platform offers real-time tax estimations and automated tax savings, helping users stay on top of their financial obligations. It also includes essential banking features and tools to streamline daily operations and improve financial clarity.
Target Audience
The primary target audience includes freelancers, sole proprietors, and small business owners in Germany who require a streamlined, digital banking solution with integrated financial and tax management tools.
Features
- Free business account with a German IBAN.
- Real-time income and VAT tax estimations integrated into transaction flows.
- Automated tax savings by setting aside a percentage of incoming payments.
- Visa Business Debit Card for domestic and international transactions.
- Receipt management with OCR scanning and automatic transaction matching.
- Multiple sub-accounts for organizing funds (e.g., for taxes, savings).
- Integrated invoicing tool for creating and sending professional invoices.
- Seamless integration with popular accounting software (e.g., lexoffice, sevDesk).
- Mobile application for managing finances on the go.
- Partnership with Solarisbank for secure, BaFin-regulated banking services.