{"id":39952,"date":"2022-04-13T11:16:23","date_gmt":"2022-04-13T09:16:23","guid":{"rendered":"https:\/\/newserver.fyb.de\/expressgroup-e-25-million-from-project-a-and-insight-partners\/"},"modified":"2022-05-20T10:17:21","modified_gmt":"2022-05-20T08:17:21","slug":"expressgroup-e-25-million-from-project-a-and-insight-partners","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/expressgroup-e-25-million-from-project-a-and-insight-partners\/","title":{"rendered":"ExpressGroup: \u20ac 25 million from Project A and Insight Partners"},"content":{"rendered":"<p class=\"paragraph\"><span class=\"normaltextrun\">Hamburg\/ New York\/ Berlin \u2014  <\/span><span class=\"normaltextrun\">Hamburg-based FinTech company Express\u00adGroup, foun\u00added in 2019, has raised a Series A finan\u00adcing with a total volume of \u20ac 25 million. This was led by Project A Ventures and Insight Part\u00adners.<\/span><span class=\"eop\"> <\/span><\/p>\n<p class=\"paragraph\"><span class=\"normaltextrun\">Using an AI-powered backend system, Express\u00adGroup enables plat\u00adform provi\u00adders such as accoun\u00adting firms, tax advi\u00adsors and lawy\u00aders to process tax files within minu\u00adtes. The system combi\u00adnes machine lear\u00adning and auto\u00adma\u00adtion capa\u00adbi\u00adli\u00adties with manual labor to ensure easier, faster and more accu\u00adrate proces\u00adsing of income tax returns. The first product, Express\u00adTax, offers users the ability to submit the requi\u00adred data within 10 minu\u00adtes and, on the other hand, provi\u00addes process intel\u00adli\u00adgence and auto\u00adma\u00adtion for tax profes\u00adsio\u00adnals. In less than 12 months, they have thus increased to a total volume of receiv\u00ada\u00adbles of \u20ac 45 million.<\/span><span class=\"eop\"> <\/span><span class=\"eop\"> <\/span><\/p>\n<p class=\"paragraph\"><span class=\"normaltextrun\">Follo\u00adwing on from its promi\u00adsing growth in Germany, Express\u00adGroup is now turning its focus to the larger EU tax market. The addi\u00adtio\u00adnal funds will be spent on the company\u2019s inter\u00adna\u00adtio\u00adnal expan\u00adsion and the launch of further products in addi\u00adtio\u00adnal FinTech areas.<\/span><span class=\"eop\"><br>\n<\/span><span class=\"scxw81261278\"><br>\n<\/span><span class=\"normaltextrun\"><b><span lang=\"EN-GB\">About Project A Ventures<\/span><\/b><\/span><span class=\"eop\"><span lang=\"EN-GB\"> <\/span><\/span><\/p>\n<p class=\"paragraph\">Project A (photo: manage\u00adment team, \u00a9 Project A) is one of the leading venture capi\u00adtal firms in Europe with offices in Berlin and London.In addi\u00adtion to appro\u00adxi\u00adm\u00adately $600 million in assets under manage\u00adment, Project A supports its port\u00adfo\u00adlio compa\u00adnies with a team of more than 100 experts in soft\u00adware and product deve\u00adlo\u00adp\u00adment, busi\u00adness intel\u00adli\u00adgence, bran\u00adding, design, marke\u00adting, sales and recrui\u00adting. Project A was foun\u00added in 2012 and has since supported more than 100 startups.<br>\nThe port\u00adfo\u00adlio includes compa\u00adnies such as Trade Repu\u00adblic, World\u00adRe\u00admit, senn\u00adder, KRY, Spry\u00adker, Cata\u00adwiki and&nbsp;Voi.<\/p>\n<p class=\"paragraph\"><span class=\"normaltextrun\"><b>About Express\u00adGroup<\/b><\/span><span class=\"eop\"> <\/span><\/p>\n<p class=\"paragraph\"><span class=\"normaltextrun\">Express\u00adGroup wants to rede\u00adsign fintech products for the working and middle class, start\u00ading with taxes. The goal is for ever\u00adyone to be able to reclaim over\u00adpaid taxes from the tax office \u2014 regard\u00adless of income, language barriers or know\u00adledge of the tax system. The company was foun\u00added in 2019 by Maxi\u00admi\u00adlian Lamb\u00ads\u00addorff, Dennis Konrad, Konstan\u00adtin Loeb\u00adner, Mehdi Afridi and Andreas Santoro. Express\u00adGroup\u2019s first product, \u201cExpress\u00adTax\u201d, has been on the market since 2021 and has alre\u00adady helped thou\u00adsands of custo\u00admers who have never filed a tax return before to do so within minutes.<\/span><span class=\"eop\"><br>\n<\/span><span class=\"scxw81261278\"> <\/span><br>\n<span class=\"normaltextrun\"><br>\n  <b><br>\n    <span lang=\"EN-GB\">Advi\u00adsor Project A Ventures:&nbsp;<\/span><br>\n  <\/b><br>\n<\/span><span class=\"eop\"><br>\n  <span lang=\"EN-GB\"> <strong>YPOG<\/strong><\/span><br>\n<\/span><\/p>\n<p><strong>Dr. Frede\u00adrik G\u00e4rt\u00adner<\/strong> (Lead, Corporate\/Transactions), Part\u00adner , Tobias Lovett (Corporate\/Transactions), Senior Asso\u00adciate , Matthias Kres\u00adser (Finance), Asso\u00adcia\u00adted Part\u00adner , Dr. Bene\u00addikt Fl\u00f6ter (IP\/IT), Asso\u00adcia\u00adted Part\u00adner, Anna Eick\u00admeier (Data Protec\u00adtion), Senior Asso\u00adciate, Dr. Niklas Ulrich (Regu\u00adla\u00adtory), Asso\u00adciate, Stefan Rich\u00adter (Tax), Part\u00adner, Lukas Schmitt (Tax), Associate<\/p>\n<p><strong>Advi\u00adsors to Insight Part\u00adners: Will\u00adkie Farr &amp; Gallag\u00adher&nbsp;LLP<\/strong><\/p>\n<p>The Will\u00adkie team was led by the part\u00adners  <strong>Miriam Steets and Dr. Axel Wahl<\/strong> (both Corporate\/M&amp;A, Frank\u00adfurt) and included part\u00adners Matthew Haddad (Corpo\u00adrate M&amp;A, New York) and Dr. Jens- Olrik Murach (Anti\u00adtrust, Brussels), coun\u00adsel Wulf Kring (Tax, Frank\u00adfurt) and asso\u00adcia\u00adtes Dr. Tobias Gerigk and Nils Bock (both Corporate\/M&amp;A, Frankfurt).<\/p>\n<p class=\"paragraph\"><span class=\"eop\"> <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hamburg\/ New York\/ Berlin \u2014 Hamburg-based FinTech company Express\u00adGroup, foun\u00added in 2019, has raised a Series A finan\u00adcing with a total volume of \u20ac 25 million. This was led by Project A Ventures and Insight Part\u00adners. Using an AI-powered backend system, Express\u00adGroup enables plat\u00adform provi\u00adders such as accoun\u00adting firms, tax advi\u00adsors and lawy\u00aders to process&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":39636,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1369,1373],"tags":[],"class_list":["post-39952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-venture-capital-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ExpressGroup: \u20ac 25 million from Project A and Insight Partners - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/expressgroup-e-25-million-from-project-a-and-insight-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ExpressGroup: \u20ac 25 million from Project A and Insight Partners - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Hamburg\/ New York\/ Berlin \u2014 Hamburg-based FinTech company Express\u00adGroup, foun\u00added in 2019, has raised a Series A finan\u00adcing with a total volume of \u20ac 25 million. 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