Finupp

Company Overview

Snapshot

Founded in January 2014 by Asaf Regev, Finupp operates with 1–10 employees. The company secured $20,000 in total capital across one funding round. Finupp was acquired by Meitav Dash in March 2021.

Business overview

Finupp provides an online platform designed to simplify tax refund processes for Israeli taxpayers. Its core technology enables employees and self-employed individuals to check their entitlement to tax refunds and claim them efficiently. The company operates within the Fintech & Insurtech sector, specifically focusing on personal finance management and financial operations software, serving the Israeli market.

Strategic signal

In March 2021, Finupp was acquired by Meitav Dash for $1.5 million. This acquisition highlights the increasing consolidation within the fintech sector and validates Finupp's model for automating tax return processes, signaling a strategic interest in digital solutions for personal finance management.

Company Intelligence Q&A

When was Finupp acquired by Meitav Dash?

Finupp was acquired by Meitav Dash in March 2021 for $1.5 million.

Who are the founders of Finupp?

Finupp was co-founded by Asaf Regev, Lior Albeck, and Dani Silberstein.

What is Finupp's primary business model?

Finupp operates with a B2C (Business-to-Consumer) business model, providing services directly to individual taxpayers.

What is Finupp's product stage?

Finupp's product is in the 'Released' stage, indicating it is fully launched and available to users.

What was a notable early recognition for Finupp?

In November 2015, Finupp was recognized as one of the finalists in the Smartup 3 competition for its tax refund facilitation services.