
Divizend
Digital platform that helps investors optimize dividend income through portfolio aggregation, dividend tracking, and tax reclaim automation.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Early VC | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 50 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Divizend is a financial technology startup that operates in the niche market of reclaiming foreign withholding taxes on dividends for investors. The company serves both private and institutional investors who own stocks in foreign countries that pay dividends. Divizend's business model is based on a transparent pricing system that ensures a net gain for its clients after the tax refund process.
The company's main product is the Divizend Maximizer, a revolutionary tool that simplifies the process of filing for tax refunds. This tool is embedded within the Divizend ecosystem, providing a seamless experience for users. The Maximizer calculates the refundable amount for free, eliminating the need for complex application procedures.
Divizend's value proposition lies in its ability to help investors maximize their returns. For instance, if an investor had invested 10,000 CHF in Nestlé stocks in 1960, the value of their stocks today could range between 743,000 CHF and 3,410,000 CHF, depending on how they managed their dividends and whether they reclaimed the Swiss withholding tax.
Divizend's platform educates investors on why withholding taxes on foreign dividend incomes are significant and how they can reclaim this money from foreign tax authorities. This service contributes significantly to the long-term success of an investor's portfolio.
Keywords: Divizend, Financial Technology, Foreign Withholding Tax, Dividends, Investors, Divizend Maximizer, Tax Refund, Transparent Pricing, Investment Returns, Portfolio Management.