InnReg has actively contributed to the fintech explosion for more than 10 years, by helping fintech innovators solve complex regulatory challenges.
We contributed to the successful launch of GoodApril as we formulated their regulatory strategy and advised on vendor contract negotiations with key strategic alliances. This is a Techstars-backed program designed to automate tax planning for consumers. The service aggregates financial data from third party sources. Then it forecasts the amount of taxes due and identifies tax savings opportunities as they emerge in real time. It was a complex project for two reasons. First, we needed to ensure the automated processes fulfilled all applicable regulatory requirements when providing analysis of users’ tax situation. And second, we needed to ensure ongoing adherence with constantly changing IRS rules.
GoodApril was acquired by Intuit during launch. In fact, they are the only Techstars-backed company ever acquired prior to Demo Day.
When it comes to your ideal setup we can leverage your current platform, or recommend the best technology stack to solve all your compliance and technology needs both effectively and cost efficiently. The final recommendation often integrates proven third-party solutions into your proprietary technology to achieve the optimal result. All of our systems and databases are cloud-based, so your team has easy access day or night from onsite or remote locations.
Partnerships with financial institutions:
|Online Tax Planning|
|Launch new online tax planning and advisory service|