4 years ago
Earnr Raises £650k to Launch Finance App for Self-Employed Side Hustlers
Earnr, a London-based startup, has secured £650,000 in seed funding led by 7percent Ventures, with participation from Antler and FJ Labs
The app, designed for self-employed individuals, particularly those engaged in side hustles, aims to simplify and automate financial and tax administration tasks
Earnr offers features such as digital bookkeeping, accountancy services, automated tax returns, and access to expert assistance
The app provides a free tax return submission option for those earning less than £3,000, while charging a flat fee of £99 for those earning above that threshold.
ProblemFinancial Services
"Managing finances and taxes can be complex and prone to errors for the growing number of self-employed individuals and 'side hustlers' in the UK."
Solution
"Earnr simplifies financial management for the self-employed with an app that automates bookkeeping, tax filing, and provides access to expert advice, reducing the risk of mistakes and saving users time and money."