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Tributi, the Medellín, Colombia-based startup is trying to automate the fintech space by offering services to individual taxpayers, but also to accountants who want to go digital. Taxpayers go on Tributi’s website to answer a range of questions about their finances, including revenue, expenses, assets, and debts. The platform then generates a personalized set of forms to help the user upload this data and provides online assistance in case of need. The service costs $40, which is considerably cheaper than traditional fees, according to Vélez, who says that tax revenues per capita are about $200 but it costs about $100 to prepare the tax filing through traditional accountants. Tributi also offers software to tax accountants who want to digitalize their paperwork. Certified accountants pay $25 for each user they serve for every tax season.
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