CB Insights

NOVEMBER 30, 2021

Fonoa , a provider of automated tax compliance tools, has raised $25M in a Series A round. The round drew participation from Index Ventures, FJ Labs, OMERS Ventures, and Moving Capital, among others. HOW’S THE COMPANY PERFORMING? Examples include Uber, Lime, Zoom, GoStudent, and Teachable. Want the full post?

Taxes 36

Taxes Compliance Tools Company 36

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. The round drew participation from ParaFi Capital, AngelList, King River Capital, and Blizzard Fund, among others. <span The post ZenLedger, a crypto tax prep software company, raises $15M in round backed by AngelList.

Taxes 55

Taxes Software Compliance Company 55

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

Banking Exchange

DECEMBER 21, 2020

The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions Compliance Compliance Management Compliance/Regulatory Consumer Compliance Consumer Credit Feature Fair Lending Feature3 People Customers.

Compliance 88

Compliance Taxes Lending Capital 88

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 78

Capital Lending US Data 78

CB Insights

OCTOBER 19, 2021

The round drew participation from Altimeter Capital, Coatue Management, and Green Bay Ventures, among others. California-based Deel’s platform assists companies with international payroll, onboarding, taxes, compliance, and benefits in more than 150 countries. How’s the company performing? Want the full post?

Compliance 53

Compliance Tools California Taxes 53

PYMNTS

DECEMBER 26, 2019

Stablecoins like Facebook’s Libra could hamper the international development of China’s yuan, leading to fluctuating asset prices and weakened impacts of capital controls, said the People’s Bank of China. A ‘Diaper’ by Any Other Tax Code: The Complexities of Selling Across State Tax Laws.

Taxes 131

Taxes Payments Apple Compliance 131

BankUnderground

NOVEMBER 8, 2023

In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes. At the heart of the model are intermediate polluting firms in a capital-intensive sector.

Policies 64

Policies Regulation Taxes Compliance 64

PYMNTS

NOVEMBER 13, 2020

Singapore-based Osome announced $3 million in new funding this week as an extension of its seed round, with XA Network and AltaIR Capital providing the latest investment, TechCrunch reported. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

FEBRUARY 18, 2020

Corporates can gain greater insights and control, while ensuring regulatory and tax compliance through this solution,” said Parag Rao, country head for payments business and marketing of HDFC Bank. It’s India’s largest private sector lender when viewed by assets, and it’s the largest bank in India by market capitalization.

Compliance 150

Compliance Cards Management Taxes 150

PYMNTS

FEBRUARY 1, 2021

While payroll may appear to be among the least volatile areas of capital outflows, there are plenty of factors that cause fluctuations in how much money is issued to employees — and when and how they get paid. That whole process is time-consuming and difficult, and ripe for a bunch of errors," he said. Cash Flow Implications.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

NOVEMBER 23, 2020

SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd., Sleek said it strives to offer a wide range of cloud-based services, from company incorporation and ongoing compliance management to digital accounting and tax filing in Singapore and Hong Kong.

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

SEPTEMBER 8, 2020

The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. For example, in New York state, the top marginal income tax rate is nearly 9 percent, plus another 3 percent in New York City. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

DECEMBER 11, 2019

The company has worked to legitimize itself by remaining compliant with California’s strict cannabis laws, a move that will let companies in the industry worry less about capital requirements and more about managing compliance. WAYV is partnering with Hypur, a Scottsdale-based payment and banking company, on the initiative.

California 135

California Compliance Capital Taxes 135

PYMNTS

OCTOBER 9, 2019

And the IRS has released new guidance for digital currency investors and their tax advisers, explaining how the agency expects them to report income from their holdings. In addition, assets held for less than a year will be taxed at higher short-term capital gains rates, while those held for longer will qualify for the 23.8

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. Its capital city of Brussels, which serves as a home base for various international organizations, is working to also becomes a top contender as a global tech center.

Capital 100

Capital Regional Innovation Fintech 100

Jeff For Banks

NOVEMBER 10, 2012

I am putting forth the Jeff For Banks (jfb) Federal Income Tax system that is fair, easy, and balanced. Lest I hear from the Oracle of Omaha about how he pays a lower tax rate than his secretary, I have your fix Mr. Buffett. Poor Mitt had an effective tax rate of 17%. The jfb Federal Income Tax System. I can compromise.

Taxes 78

Taxes System Omaha Compliance 78

PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds.

Fintech 115

Fintech Compliance Software Taxes 115

Bankelele

JUNE 15, 2015

A few months after the re-introduction of the capital gains tax in Kenya , that is now headed for some tweaking. Even as they have tried to do their part, stockbrokers have challenged their role in the assessment and collection of the tax that was vaguely defined. A stockbroker tries to estimate a Kenyan investors capital gains.

Taxes 28

Taxes Capital Compliance National 28

PYMNTS

FEBRUARY 5, 2020

“Somebody with really great visibility into AP can fund their growth through extended terms to their suppliers because that is part of working capital,” McGuire said. At a high-level view, that changes the number of levers that can be pulled — from a finance perspective — around the working capital associated with AP.

Capital 152

Capital Taxes Compliance Payments 152

PYMNTS

JULY 16, 2019

million in Series A funding led by Europe -based Karma Ventures, Vendep Capital and Leap Ventures. They add to the company’s existing suite of services that include support to form an online company and connect entrepreneurs with banking, accounting and compliance solutions. In a press release Monday (July 15), Xolo announced $6.8

Tools 100

Tools Compliance Taxes National 100

PYMNTS

SEPTEMBER 6, 2019

Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Buyers, meanwhile, optimize working capital by extending days payable outstanding, with a financier stepping in to pay the invoice.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

JANUARY 22, 2018

There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance. ” For the mid-market, T&E compliance is largely about taxes : “VAT, corporate income tax and also personal income taxes,” Deleval explained.

Management 116

Management Compliance Taxes Marketing 116

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. The advantage of working capital is obvious to some degree.

Management 150

Management Resources Capital Taxes 150

PYMNTS

JUNE 25, 2018

In advance of the upcoming webinar titled “RegTech: Transforming Compliance Through Enabling Technology,” Clayton Mitchell, principal of Crowe Horwath , stated that RegTech’s effectiveness can be limited by internal factors. At the same time, risk and compliance professionals still are inundated with manual tasks. Taking on more risk?

Risk Management 167

Risk Management Strategy Management Compliance 167

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator. Reg & Risk: Still Showing Up For Surprise Quizzes.

Fintech 198

Fintech Lending Software Compliance 198

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

BankBazaar

JANUARY 31, 2021

However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. Compliance burden of small trusts whose annual receipts does not exceed Rs. Good development since this is a long-term ask of the industry to bring in capital and growth. 5 crore to be eased. FDI In Insurance.

Metro 122

Metro Taxes National Survey 122

PYMNTS

JULY 31, 2019

The funding shortfall is significant, he said, in terms of unmet need for capital measured in dollars – to the tune of $1.5 He added that smaller firms could also benefit greatly from speed and flexibility in accessing that capital. “If

Payments 174

Payments Capital Data Examples 174

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters. France is a precursor.

Regulation 143

Regulation Company cryptocurrency Taxes 143

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. The company announced a $650,000 funding round led by Kae Capital and Khosla Impact.

Fintech 100

Fintech Capital Lending Taxes 100

Abrigo

FEBRUARY 5, 2021

Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies. mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195

Abrigo

NOVEMBER 28, 2014

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? In other words, if your firm doesn’t offer help before it’s requested, you could be losing clients.

Taxes 191

Taxes Survey Technology Comparison 191

PYMNTS

JULY 5, 2018

The tool helps businesses mitigate payroll compliance risk. Furthermore, USA Payroll provides customers with payroll and tax services, timekeeping, third-party administration and other back-office services. Financial terms of the acquisition were not disclosed, but Asure said it has revised its 2018 financial outlook.

Marketing 108

Marketing Software Taxes Resources 108

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Employees and a shifting talent landscape have introduced the demand for payroll flexibility. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173