According to TechCrunch, Binocs, an encrypted tax reporting application, completed $4 million in financing, led by BEENEXT and Arkam, with participation from Accel, Saison Capital, Premji Invest, Blume and Better Capital. The funds raised will be used in markets such as the United States, the United Kingdom, and Australia Expansion, part of the funds will be used for product development and listing team for retail and institutional investors of Binocs. Binocs is currently tax-compliant in the US, UK, Australia, South Africa and India, can provide tax reports in 30 minutes, and plans to add more markets next month.