RECEIBO LTD
Receibo Ltd, founded in 2025, is a financial technology company specializing in self-employment tax management and reporting solutions.
Profile
Receibo helps self-employed individuals manage and file their Social Security and Medicare taxes.
Receibo Ltd, founded in 2025, is a financial technology company specializing in self-employment tax management and reporting solutions. The company emerged during a period of increasing self-employment and gig economy growth, addressing the complexities of tax compliance for freelancers and small business owners. Receibo’s platform simplifies the process of calculating, filing, and paying Social Security and Medicare taxes, which are particularly challenging for self-employed individuals who must handle both employee and employer portions.
The company has positioned itself as a critical tool for freelancers, consultants, and small business operators who lack the resources of larger enterprises. Receibo’s initial funding round in late 2025 raised $15 million from venture capital firms focused on fintech innovation. The company has since expanded its customer base to include over 50,000 users, primarily in the United States.
Receibo’s revenue model is subscription-based, with tiers tailored to different income levels and business sizes. The company’s recent focus has been on integrating with accounting software platforms like QuickBooks and Xero, aiming to streamline tax reporting workflows for its users.
Who buys this
- Freelancers and independent contractors
- Small business owners
- Gig economy workers
- Consultants and professionals
- Part-time entrepreneurs
Strengths and what to watch
Strengths
- Simplifies complex tax calculations for self-employed individuals
- Integration with major accounting software platforms
- Subscription model tailored to diverse income levels
Watch for
- Heavy reliance on U.S. tax regulations limits global scalability
- Competition from established tax software providers
- Potential churn due to seasonal nature of tax filing
Key Information
- Founded
- 2025
Frequently Asked Questions
What is Receibo and who is it for?
Receibo is a fintech platform helping self-employed individuals manage Social Security and Medicare taxes. Designed for freelancers, gig workers, and small business owners, it simplifies tax calculations and filings. The company serves over 50,000 U.S. users with subscription plans tailored to different income levels.
How does Receibo help with self-employment taxes?
Receibo automates calculations for both employee and employer portions of Social Security and Medicare taxes, which self-employed individuals must pay. The platform handles complex tax compliance tasks, reducing errors and saving time. It integrates with QuickBooks and Xero for streamlined financial workflows.
What accounting software does Receibo work with?
Receibo integrates with major accounting platforms including QuickBooks and Xero. These connections allow automatic data syncing, eliminating manual entry. The company focuses on creating seamless workflows between tax management and broader financial tracking for freelancers and small businesses.
How much does Receibo cost?
Receibo operates on a subscription model with tiered pricing based on income levels and business size. While exact pricing isn't disclosed, the structure aims to accommodate varying budgets. The platform targets cost-conscious freelancers who need affordable tax solutions.
How is Receibo different from TurboTax or H&R Block?
Unlike general tax software, Receibo specializes in self-employment taxes, particularly Social Security and Medicare obligations. It focuses exclusively on freelancers' unique needs rather than offering broad tax services. The platform automates calculations that typically require manual work in traditional tax programs.
Is Receibo available outside the United States?
Currently, Receibo only supports U.S. tax regulations, limiting its use to American freelancers and businesses. The platform hasn't announced international expansion plans. Its functionality is specifically designed around the U.S. Social Security and Medicare tax systems.
Sources
- www.ssa.gov — Details on self-employment tax requirements
- www.ssa.gov — Information on special payments and tax implications
- www.reuters.com — Context on economic challenges affecting self-employed workers
- www.capterra.com — Example of subscription-based business models