April
April transforms tax filing into a seamless infrastructure by embedding a tax layer within banks and fintech apps. This Fintech of the Week simplifies taxes, offering a smooth, integrated experience for millions of users.
Taxes should not be a once-a-year panic attack.
Fintech of the week. April
Most money apps are great at showing you what happened. Taxes are the part where people still get kicked out to a separate world, copy data into forms, and hope they did not miss something that costs real money.
April is trying to fix that by turning tax filing into infrastructure. Not another destination tax product. A tax layer you can embed inside a bank, payroll app, or fintech platform, so taxes show up where the money already is.
The model is B2B2C. Partners pay for April’s white-labeled, API-first engine. Users get a faster flow, with information pre-filled from the app they already trust.
The hard part here is not design. It is e-file coverage, compliance, and state-by-state plumbing. In early 2025, April said it became the first new company in 15+ years to reach national e-file coverage, joining a club of roughly ten companies.
The traction is already real. In the 2024 tax season, April was available to millions of Americans through 50+ partners and processed hundreds of thousands of returns.
On July 23, 2025, the team raised a $38M Series B led by QED Investors, with Nyca Partners and Team8 participating. Total funding reached $78M.
The founders are Ben Borodach (CEO, ex Deloitte and Team8) and Daniel Marcous (CTO/CPO, ex Waze and Google). Their wedge is simple and powerful: make tax an always-on layer that can support withholding optimization, quarterly payments, and even equity tax calculations, not just filing once a year.
This matters because distribution has shifted. If people already live in their bank, payroll, or wealth app, the winning tax experience may be the one that never asks them to leave.
FinBox Solutions highlights one fintech every day. At the end of the week, the startup with the most votes becomes Fintech of the week and appears here on my profile.
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If you run a bank, payroll, or wealth app, would you build taxes in-house or rent the rails and own the distribution?
#fintechoftheweek #April #fintech #taxtech #APIs #USA
