Australians leave billions in tax deductions unclaimed every year because receipts fade, get lost, or never get captured. Finwell AI fixes this at the source. Receipts fade in the glovebox. The shoebox fills up. Half of what you could have claimed never makes it into the return. Billions go unclaimed because the system is one most Australians dread. WHAT WE DO We capture every eligible purchase automatically as a fully itemised digital receipt at point of sale. Our AI reads every line, applies current ATO rules to split personal from business and deductible from non-deductible, extracts the GST, and updates a live tax ledger as you spend. Categorisation gets sharper the longer you use it. At BAS or tax time the numbers are already there. Prefilled forms ready to submit, or for your accountant to desktop review before lodging. ▸ No photo scanning ▸ No manual uploads ▸ No more EOFY scramble ▸ No more shoebox THE ESG IMPACT 10.6 billion paper receipts go to landfill in Australia every year. Finwell AI removes them from the equation. THE DIFFERENCE Finwell AI is built at the infrastructure layer, not on bank feeds. This enables the live ledger, line by line accuracy, and prefilled forms other tools cannot deliver. We work with Australian payment infrastructure to capture transaction data at source. ATO Digital Service Provider accreditation in progress. WHO WE SERVE ▸ PAYG employees chasing every dollar back at tax time ▸ Sole traders and side hustlers tired of the EOFY scramble ▸ Accountants and bookkeepers ready to replace receipt envelopes with audit-ready client data ▸ Financial advisors whose clients walk in with the hard work done BUILT ON ▸ Bank-grade encryption, no card numbers stored ▸ ATO-aligned categorisation with line-by-line GST capture ▸ Open banking, accounting software, and ATO integration roadmap Never lose a deduction again. Join the founding member waitlist at finwellai.com.au - 6 months Premium free at launch.
| Website | http://www.finwellai.com.au |
| Employees | 2 (0 on RocketReach) |
| Founded | 2026 |
| Industry | Financial Services |
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Finwell AI is based in Melbourne, Victoria.