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Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense

PYMNTS

percent drop in share prices, and Netherlands payments firm PayU buys a majority stake in the India FinTech PaySense. PayU Buys Majority Stake in India FinTech PaySense. Chamber of Commerce, criticized presidential candidates on their proposed policies concerning Medicare and taxing of the wealthy. The news triggered a 6.7

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Credit Karma’s Revenue is Skyrocketing Thanks to Its Free Products

Bank Innovation

Free credit reporting company Credit Karma reported more than $500 million in revenue in 2016 — a 50% increase compared to the prior year — hitting 70 million members since the launch of its flagship product — credit monitoring — in 2012, the company announced this week. What’s the secret to its success?

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39 Crypto Fintech Unicorns

Fintech Labs Insights

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). crypto exchange, lender, accounting, blockchain infrastructure, and so on ).

Fintech 15
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39 Crypto Fintech Unicorns

Fintech Labs Insights

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). crypto exchange, lender, accounting, blockchain infrastructure, and so on ).

Fintech 15
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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

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What Apple Didn’t Tell You Last Week

PYMNTS

Stockholm is one of my favorite cities in the world and has become a real FinTech innovation hub. Sweden’s highest marginal tax rate is 57 percent, which most people actually pay since that rate applies to all income over 1.5 There’s a capital gains tax of 30 percent, too, and a sales tax of 25 percent.

Apple 100
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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Fintech (note 1) has been part of YC from the beginning. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. But as YC grew from 2005 to 2009, the number of fintech companies stayed at roughly 1 per year. Indinero [link] Accounting, taxes & payroll. During the past 4.5

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