Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: TaxFree4U is innovative online VAT refund service for non EU28 residents. Customers may download our TaxFree4U mobile app or use our web-site to start. VAT amount is refunded exclusively onto customers card or bank account. For customer’s convenience Tax Free Shopping instant prepaid card is offered as part of the service to get refund immediately onto the card. Main Customer benefits from TaxFree4U: almost without paperwork (fully digital in future), Refund within 48 hours after departure, lower commission rate, discounts and special services from Brand4YOU club partners with geolocator – retail outlets, restaurants, hotels, health, beauty, sightseeing, airline & miles, etc.

How they describe their product/innovation: We will declare your purchases to the customs on your behalf. Using our mobile applications you can just upload receipts of purchased goods and we’ll do the job. We are able to deliver declaration directly to your hotel or apartment or you may print it yourself in our self-service machine in airport of departure. Don’t forget to validate declaration in the airport. After this you will receive refund on your bank account or credit card.

Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), digital distribution, through financial institutions, through other fintech companies and platforms

Contacts:

Bus. Dev.: Yuri Kovalev, yk@tfunds.vc

Press: Olga Yemelyanova, oy@tfunds.vc

Sales: Marina Khlystun, m.khlystun@bank4you.uk