Lovat vs Paraşüt

Lovat logo

Lovat

One platform for EPR, e-invoicing, and cross-border VAT compliance

41 employees · est. 2018 · Edinburgh, Latvia

VS
Paraşüt logo

Paraşüt

İşini bilen patronlar, hesabını Paraşüt ile tutar

88 employees · est. 2013 · Istanbul, Turkey

Paraşüt is the older company (2018 vs 2013); Paraşüt is the larger of the two.

Side-by-Side Comparison

Lovat Paraşüt
Founded
2018 2013 older
Headquarters
Edinburgh, Latvia Istanbul, Turkey
Employees
41 88 larger
Industry
Not tracked yet Enterprise Software, Financial Services, Fintech
Funding Stage
Series A Acquired
Total Funding
$200.00K $3.90M
Funding Rounds
2 4
Services
Sales Tax Compliance Software, VAT Registration and Filing, E-Invoicing Solutions, API Services for Marketplaces, EPR Registration and Compliance e-Fatura and e-Archive solutions, Financial Reporting and Analytics, CRM and Bank Integrations, Inventory and Stock Management, Cloud-based Accounting Software
Target Customers
E-commerce Sellers, Digital Service Providers, Marketplaces, Businesses Operating Cross-border Small and Medium Enterprises (SMEs), Accountants and Financial Advisors, e-Commerce Businesses, Business Owners, Startups
Taxonomy
Tax Management SolutionsEPR ReportingE-InvoicingCross-Border VAT ComplianceSales Tax ComplianceVAT Management +9 Cloud-based Accounting SoftwareSME Financial ManagementE-InvoicingOnline Payment CollectionExpense TrackingFinancial Reporting +9
Website
vatcompliance.co parasut.com
Lovat logo

About Lovat

Lovat is a burgeoning force in the FinTech sector, offering an integrated platform that consolidates EPR, e-invoicing, and cross-border VAT compliance. Founded in 2018 and headquartered in Latvia, the company is poised to transform tax management processes with its innovative software solutions. Th...

Paraşüt logo

About Paraşüt

Paraşüt is a cloud-based accounting software provider based in Istanbul, Turkey. It supports small and medium enterprises, accountants, and e-commerce businesses in efficiently managing their financial operations. Founded in 2013, Paraşüt offers services like e-Fatura and e-Archive solutions, fina...

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Frequently Asked Questions

Lovat was founded in 2018, based in Edinburgh, Latvia, with 41 employees. Lovat is a burgeoning force in the FinTech sector, offering an integrated platform that consolidates EPR, e-invoicing, and cross-border VAT compliance. Founded in 2018 and headquartered in Latvia, the. Paraşüt was founded in 2013, based in Istanbul, Turkey, with 88 employees. Paraşüt is a cloud-based accounting software provider based in Istanbul, Turkey. It supports small and medium enterprises, accountants, and e-commerce businesses in efficiently managing their financia.
Lovat has raised $200.00K and Paraşüt $3.90M. Latest stage: Lovat Series A, Paraşüt Acquired.
Both list e-invoicing and saas solutions among their focus areas.

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Compiled from the BounceWatch company index. We last looked at Lovat on 19 Nov 2025, and Paraşüt on 6 Oct 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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