Cryptocurrency Tax Calculation Service Provider in Lincolnshire It is poised for growth after receiving a six-figure grant from Innovate UK.
This marks a step in Recap's journey to revolutionize crypto asset management, with the £300,000 grant funding a privacy-focused collaborative cryptocurrency tax and customer service tailored for accountants and professional services. This will facilitate the development of due diligence platforms.
To make the deal happen, Recap partnered with experts and Andersen and Wright Vigar, a UK specialist cryptocurrency accounting firm based in Lincoln, similar to Hoptrail.
The two companies will work together to improve the platform that processes cryptocurrency transactions and ensures reliable customer checks.
Daniel Howitt, CEO and co-founder of Recap, said: “This grant is a testament to our dedication to innovation and our commitment to meeting the evolving needs of the cryptocurrency industry.” This investment is not just financial. This represents the trust and support we have received from Innovate UK and is a testament to our dedication to innovation and our strategic vision for Recap and the future of crypto and digital asset management.
“Furthermore, our ambitious commitment to becoming a leading provider of cryptocurrency accounting software aligns with our desire to contribute to economic growth in Lincoln, by fostering innovation and job creation. We aim to have a lasting impact on the city’s financial health.”
