TaxDown Takes the Lead: €4 Million Debt Deal Fuels AI Expansion
Hamid Siddiqui
News
Madrid's tax fintech TaxDown has doubled its revenue in 2025, achieving profitability while securing €4 million in debt financing from BBVA Spark. This funding, backed by the EU recovery fund, comes just months after a similar equity raise. TaxDown's innovative platform helps users maximize tax savings, boasting over four million users and extensive company partnerships. Its international focus now shifts to Latin America, seeking to tackle complex tax systems.