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april

Category: AI in Fintech

An AI-powered tax platform that provides embedded tax solutions for financial institutions, enabling them to offer tax filing, planning, and estimation tools to their customers. april was founded in 2021. The company is led by Ben Borodach. Based in New York, New York, USA. Team size: 51-200. Total funding raised: $78 million. Latest round: Series B, $38.0M, 2025-07, led by QED Investors. Key investors include QED Investors, Nyca Partners, Team8, Treasury.

Founded
2021
Headquarters
New York, New York, USA
Team size
51-200
Total funding
$78 million

Value proposition

To simplify the tax filing process by translating the complex tax code into a user-friendly, mobile-first experience, and seamlessly embedding it into financial apps that people already use.

Products and solutions

Tax filing, Tax planning, Tax estimation tools

Unique value

april's uniqueness lies in its AI-powered engine that personalizes and simplifies the tax experience. Its embedded, mobile-first approach differentiates it from traditional standalone tax software by meeting users within the financial apps they already trust.

Target customer

Financial institutions, including fintech companies, neobanks, and investment platforms, that want to offer tax services to their end-users.

Industries served

Financial Services, Fintech, Banking, Investment Platforms

Technology advantage

The core technological advantage is an AI-powered tax engine that can interpret the 70,000+ page U.S. tax code and translate it into an easy-to-use interface. The business advantage comes from its B2B2C model, which facilitates rapid scaling by partnering with established financial institutions to reach a large, existing user base.

How they differentiate

April differentiates by offering an embedded, AI-powered tax engine that integrates directly into financial platforms (B2B2C model), rather than being a standalone, direct-to-consumer product. It provides white-label tax solutions for banks, fintechs, and other financial institutions.

Main competitors

Intuit TurboTax, H&R Block, Cash App Taxes

Key partnerships

Propel, Gusto, PayPal, Robinhood, Acorns, OnePay (Walmart), Compound Planning, Freedom Debt Relief, Tongo

Notable customers

Propel, Column Tax, PayPal, Robinhood, Acorns, OnePay (Walmart), Compound Planning, Freedom Debt Relief, Tongo

Major milestones

Closed a $38M Series B funding round., Launched AprilPro for taxpayers with more complex financial situations., Developed an AI-powered engine to translate the 70,000+ page U.S. tax code into a user-friendly experience., Successfully launched its embedded tax platform in 2022., Became first new company in 15 years to secure national e-file coverage across all 50 states (early 2025)., Launched Integrated Tax Platform for wealth management firms (Feb 2026)., Secured major partnerships with PayPal, Robinhood, Acorns, and Walmart's OnePay (Jan-Feb 2026).

Growth metrics

Partnered with over 50 financial brands, including payroll, neobanking, and investment platforms. Serves millions of Americans through partners including PayPal, Robinhood, Acorns, and Walmart's OnePay.

Market positioning

April is positioned as a technology provider for other financial companies, enabling them to offer tax filing and planning services to their own customers. It focuses on automating the tax process by pulling data from various financial sources, aiming to make tax filing a continuous, year-round process rather than a once-a-year event.

Geographic focus

United States

Patents and IP

Information not publicly available.

About Ben Borodach

Ben Borodach started his career at Deloitte Consulting, advising major US banks on financial services, cybersecurity, and technology. He later co-founded and incubated several cybersecurity and fintech businesses that were acquired by companies like PayPal and Bitsight. Before founding april, he was a fintech strategist and helped scale the venture capital firm Team8 Group. His work has consistently focused on the intersection of finance and technology, leading to the creation of april to innovate the tax experience for Americans.

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