Finmo is a tax solution dedicated to helping the challengers, independents, and self-starters of the world build their financial success. We empathise with the day to day struggle of sole-traders, freelancers and those with a side business.
We understand the immense satisfaction and equally immense pressure that comes with being your own boss. Financial Services – bankers, insurers, lenders, and accountants – make it tougher and more expensive, not easier and cheaper, on the self-employed. We aim to fix that.
In the UK, there are 3.1 million sole traders who are a subset of 5.5 million micro businesses (0-9 people). This population has grown over 60% since 2000 and represents 33% of the UK employment market and 22% of the total cumulative turnover of all businesses in the UK.
Finmo is backed by VC and Angel investors and was incubated at Founders Factory. The current team of five has built a mobile app available to download on iOS and Android as well as a web app.
This is an incredible opportunity to add significant value and contribute to the success of self-employed people - a group often ignored and overlooked. It is equally an opportunity to get involved at the very early stages of a business to own and build out the technical strategy.