A Nigeria-based tax compliance startup has entered the market with a digital platform that promises to eliminate one of the most persistent pain points for Nigerian businesses — the burden of manual, fragmented tax filing.
TaxStreem, co-founded by tax lawyer and advisor Kelechi Ibe and senior AI and Machine Learning Engineer Sam Ayo, was unveiled on Tuesday with a clear mandate: to make tax compliance a seamless, automated function of daily business operations rather than a recurring administrative crisis.
The platform works by pulling transaction data from multiple sources that businesses already use — including bank accounts, email, WhatsApp Business, and invoicing tools — and consolidating them into a single environment. From there, it automatically calculates applicable taxes, files returns with the relevant authorities, and maintains organised records for audit purposes.
“Many businesses struggle with tax compliance because their financial information is spread across different tools and records,” Ibe said at the launch.
“TaxStreem brings that information together in one place, automatically calculates the taxes that apply to each transaction, and helps businesses file correctly and on time. Our goal is to make compliance a seamless part of running a business rather than an administrative burden.”
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The platform targets a well-documented challenge in Nigeria’s business environment. Complex tax regulations, fragmented financial records, and labour-intensive manual filing processes have long made compliance disproportionately costly for small and mid-sized businesses — leaving many exposed to penalties not from intent, but from operational overwhelm.
The two co-founders bring complementary expertise to the solution. Ibe brings more than a decade of taxation law and compliance advisory experience, having worked at some of the most respected legal and professional services institutions in the world, including Udo Udoma & Belo-Osagie, KPMG, and global law firm Latham & Watkins.
Ayo brings deep technical architecture to the venture — having built financial, compliance, and regulatory intelligence systems and MLOps infrastructure — and is a Fellow of the Artificial Intelligence Board of America.
With TaxStreem, the pair are betting that the future of tax compliance in Nigeria is not more accountants filling in more forms, but intelligent systems that do the work invisibly, accurately, and in real time.
