Byetax

Company Overview

Snapshot

Founded in June 2019 by Assaf Koren and Eli Avital, Byetax operates with 1–10 employees. The company is currently in a pre-funding stage, focusing on developing its core technology.

Business overview

Byetax is developing a fully automated end-to-end VAT reclamation solution. This system is designed to assist international travelers in obtaining refunds on value-added tax (VAT) paid on goods purchased while traveling abroad. The company operates within the Fintech & Insurtech sector, specifically targeting consumers and the travel industry with its web-based platform.

Company Intelligence Q&A

What is Byetax's primary offering?

Byetax provides a fully automated end-to-end VAT reclamation system designed to help international travelers secure refunds on value-added tax paid on goods purchased while abroad.

When was Byetax founded and by whom?

Byetax was founded in June 2019 by co-founders Assaf Koren, who serves as CEO, and Eli Avital, who is the CTO.

What is the current operational status of Byetax?

Byetax is currently non-active, having ceased operations in April 2022.

In which sectors does Byetax primarily operate?

Byetax primarily operates within the Fintech & Insurtech sector, with a focus on personal finance management and financial operations software, particularly for consumers and the travel industry.

What is the current product stage of Byetax's solution?

Byetax's solution is currently in the Alpha stage of development, as of its last update in June 2020.