Berlin-based fintech Integral, founded in 2024 by Lukas Zörner and Anil Can Baykal, has secured €6.3 million in its latest funding round.
According to Tech EU, Integral is focused on revolutionising the accounting, taxation, and payroll services for small and medium-sized enterprises (SMEs) across Europe, starting with Germany. The company aims to address inefficiencies and high compliance costs in the €45 billion German accounting and taxation market, which are particularly challenging for SMEs.
The €6.3 million funding was led by General Catalyst and Cherry Ventures, with additional contributions from Puzzle Ventures and a group of European entrepreneurs. Integral will use the funds to enhance its AI-powered platform, which integrates accounting, taxation, and payroll processes, and to expand its services across Europe.
Integral has developed an innovative platform designed to ease the financial burden on SMEs by combining AI with human expertise. The platform enables real-time communication and collaboration between SMEs and their tax advisors. It also integrates directly with financial tools used by businesses, helping to reduce errors, missed deadlines, and administrative overhead. By streamlining these processes, Integral aims to allow SMEs to focus on growth, rather than managing complex financial tasks.
The company plans to use its latest funding to further develop its technology, extend its market reach, and recruit additional talent. Integral’s platform is set to provide businesses with smarter financial decisions and greater operational efficiency by modernising the way they handle accounting and taxation.
Integral’s founders, Lukas Zörner and Anil Can Baykal, have expressed a clear vision for their company. Zörner noted, “Traditional self-service software solutions require substantial time and effort by SMEs — time they cannot spend on growing their business. We want to be the trusted partner for SMEs as they leverage the power of AI to reinvent these operations to be faster and smarter. We are building a platform enabling SMEs to outsource these services entirely.”
Zeynep Yavuz, Partner at General Catalyst, commented, “SMEs are the backbone of Europe’s economy and society, yet they remain underserved when it comes to digital tools for accounting and taxation. We believe Lukas and Anil are exceptional founders with a compelling vision, and have deep experience building financial products for SMEs. We’re excited to partner with them on their mission to help the European economy thrive.”
Filip Dames, Founding Partner at Cherry Ventures, added, “Integral tackles a deeply entrenched pain point across Europe. Lukas, Anil, and their team are building something transformative, and we’re thrilled to be their partners on this journey.”
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