atHome Group acquires a majority stake in Taxx.lu
The leader in digital services joins forces with the reference in online tax declaration and strengthens its leading position in digital services.
3 years after the launch of atHomeFinance and the acquisition of Luxauto, the atHome Group is accelerating the development of its digital ecosystem and its range of services with the acquisition of a majority stake in Taxx.lu, the benchmark in online taxation.
With its slogan "Your tax return, child's play!" the acquisition of Taxx.lu fits perfectly with atHome Group's vision: "Make your life choices easier, simple and stress-free". Each of the group's brands contributes to facilitating the daily life of Luxembourg and cross-border residents at all stages of their lives through the digitalization of services.
"Given the complementary nature of our services, a collaboration between the leader in real estate and the leader in online tax declarations seemed logical from the start of our exchanges. Every real estate transaction always has an impact on the tax return too! " Sven Clement, CEO of Taxx.lu
Created in 2018 and part of the AccountTech group since September 2020, the Luxembourgish platform has quickly become successful with an average annual growth of more than 200% per year. Today, the platform has 30,000 users. In 2021, Taxx.lu created the Taxx.lu Scanner application, which allows users to scan and easily add the necessary certificates for their tax returns from a mobile device. The goal in the coming months is to automatically fill in 90% of the tax return, without the need for manual input.
"From the first meeting with atHome Group, we quickly realized that we share the same values: putting the user and their experience on our platforms at the heart of our efforts! " Patrick Malget, COO of Taxx.lu
With more than 13,000 tax returns and already €25,696,878.22 recovered by its clients since its creation, Taxx.lu is the only online solution in this segment, which not only allows users to fill in their tax returns, but also to benefit from an analysis of possible tax optimizations (real estate loans, insurances, home saving plans, etc.) A real added value for all users of the atHome Group!
"Even today, real estate, car and financial transactions, with all the tax implications they entail, remain complex, partially digitized and with many different people involved. The group's ambition is to be able to create a platform that brings together buyers, sellers, agents, notaries, bankers and brokers in a single, simple, efficient and stress-free experience." Soufiane Saadi, CEO of atHome Group
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