Taxually
“Can a Hungarian-born VAT compliance platform become the global default for automated indirect tax filing across every jurisdiction a digital business sells into?”
Founded2018
HQBudapest, Hungary
FoundersMichael Glover, Stefan Mladenovic, Fergal Garvey
Latest roundPE Growth
IndustryVertical SaaS / Tax Compliance
The story
Founded 2018 as a Hungary-based automated VAT compliance platform by former KPMG Budapest compliance leaders. Expanded from EU VAT into US sales tax via LumaTax acquisition, added EPR (EcoTax) and cross-border payments (OneTax). Now positioning as a global end-to-end tax compliance stack, with the Stripe Tax filing partnership as a key distribution channel.
Product timeline
2018
Founded in Budapest by ex-KPMG Compliance Centre team; launches automated VAT compliance platform (CrossTax).· pivot
2023
Acquired LumaTax to expand into US sales tax compliance.· acquisition
2024
Launches OneTax cross-border VAT payment solution and Stripe Tax filing partnership.· pivot
2025
Deepens Stripe Tax integration — becomes registered filing partner outside the US via Taxually Stripe app.· pivot
Acquisitions
The stack
3 layers disclosed in Taxually’s embedded-finance stack
Unified APIs
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: none
8 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.