Case Study: Taxfix simplifies VSOP management and improves data reliability with Ledgy

Ledgy simplifies VSOP management and improves data reliability for Taxfix

Taxfix, a German fintech founded in 2016, was managing a broad-based VSOP program for several hundred employees, but its equity administration had become messy and time-consuming. The team struggled with changing strike prices, different vesting types, offboarding, and manual quarterly recalculations for board meetings, while also trying to make equity value transparent to employees. To solve this, Taxfix chose Ledgy’s equity management platform to better support finance, people operations, legal, and employees.

With Ledgy, Taxfix streamlined VSOP management, improved data reliability, and saved significant time on reporting and admin work. Ledgy’s HiBob integration helped ensure all employee data stayed accurate and complete, while employees gained self-service access to their equity information, reducing questions and confusion. Taxfix also used the better foundation to support a €3.5 million employee buyback, and Sebastian Schilling said they’ve “saved time and gained so much in accuracy” since adopting Ledgy.

Taxfix

Sebastian Schilling

VP Finance and Internal Operations