Qonto launches partnerships with Norman and RAKETENSTART 🚀

2016-founded Qonto – a neo-business bank, which is active in eight european markets – partners up with Norman and RAKETENSTART, to expand the benefits for its German users.

Norman offers a do-it-yourself bookkeeping, business tax and personal tax solution in Germany. Next to that, Norman just launched Norman Advisory (see below for details) and also offers an easy form for new businesses to register with the tax authorities to get their tax number. Exactly this form is also used as part of the cooperation with Qonto.

RAKETENSTART, officially founded in 2020 by Madeleine Heuts, basically offers a digital legal department for German businesses with the focus on an easy and digital solution for business incorporations. Through the partnership, Qonto's users can benefit from fast incorporations of their businesses with additional benefits.

While these partnerships are not completely seamless embedded solutions, they hint at the more tighter integrations that are possible in the future to provide all-in-one solutions across banking, legal and tax for German businesses.

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Short and sweet 🎂

Accountable reveals over 1.000 account opening requests for their newly launched business bank, while this seemingly lead to over 300 accounts actually opened – according to its banking partner Swan. Additionally, Swan posted an article about the cooperation with Accountable and the role of Swan’s embedded banking solution. (Link)

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Upcoming accounting and tax solution Norman opens waitlist for Norman Advisory, where users can gain access to a tax advisor, augmenting the existing do-it-yourself solution. However, according to founder Peter Boyko, Norman’s goal still remains the complete automation of tax filing by an AI-powered accounting agent. (Link 1, Link 2)

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Niclas Storz (CEO of Tidely, a software for liquidity management) and Christian Steiger (Managing Director of Lexware and founder of Lexware Office) sit together to talk about founding, AI and the future of accounting. (Link)

TaxTech News is supported by: wundertax CEO and founder Daniel Hanemann. wundertax offers a do-it-yourself tax filing solution in Germany.

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