This strategic investment by Visma marks its entry into the Italian market. It is an important step in the company's expansion over the past three years. It also testifies to Fiscozen's potential to transform the Italian tax consultancy landscape.
"We are delighted to announce our arrival in Italy by investing in Fiscozen. Through the use of innovative technology, the company makes work more efficient and enjoyable, for both customers and their tax advisors. Fiscozen is an ideal partner for Visma. We look forward to continuing to grow and develop together," said Visma CEO Merete Hverven.
Fiscozen CEO and co-founder Enrico Mattiazzi commented: "In our mission to free millions of Italian entrepreneurs from red tape, Visma is the ideal partner. Our new investor brings the industrial expertise and financial strength needed to support our efforts".
Today, Visma has over 180 software companies in 32 countries, serving more than 1.8 million customers in Europe and Latin America. Its products cover both the private and public sectors.
Fiscozen's SaaS platform simplifies critical processes such as accounting, e-invoicing and tax returns, enabling tax advisors for micro-enterprises and sole traders to achieve considerable efficiency gains. Over the years, Fiscozen has raised a total of 12 million euros through two rounds of financing led by United Ventures, a Milan-based venture capital firm, and Keen Venture Partners, a Dutch venture capital fund.
