Way2VAT, founded in 2016, stands at the forefront of the Fintech industry, harnessing AI and Machine Learning to transform the VAT reclaim process for businesses globally. Based in the United Kingdom, the company provides a one-stop solution for VAT recovery, specifically targeting businesses engaged with foreign suppliers or international events.
Their technology simplifies the reclaim of VAT from regions like Europe, Japan, and the Middle East, claiming to save businesses up to 30% on costs. With its end-to-end VAT recovery service and seamless integration with major expense management software, Way2VAT enhances cash flow and ROI for companies engaged in frequent business travel and overseas supplier dealings.
The company recently secured a $2.35M investment in Post-IPO Equity on 01 May 2023. With robust partnerships in over 50 jurisdictions, their AI-powered solution and industry-specific expertise make Way2VAT a strong contender in the financial services industry.