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SaaS sales tax compliance software Anrok hits $100M valuation. Anrok’s competitors include Avalara, DAVO Technologies, TaxCloud, Taxware, and Vertex.

CB Insights

Anrok , a SaaS sales tax solution, has raised $20M in a Series A. The round drew participation from Index Ventures and Sequoia Capital. California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. HOW’S THE COMPANY PERFORMING? Want the full post?

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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

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Commercial Landlords Pinched As Retailers, Theaters, Gyms Skip Rent Payments

PYMNTS

We have tenants that pay in Texas and have not paid in New York,” Shane Garrison , chief operating officer of Retail Properties of America, told the Financial Times on Friday (Nov. Spirit Realty Capital told FT that it had collected just 12 percent of the rent owed by movie theaters last month.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. These include family-owned businesses, community businesses and operating companies. By Mindy Charski.

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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. Bank Operations and Payments chair Alice P.

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

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.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. All in, Walmart plans to spend $173 upgrading in Florida, $265 million in Texas and $145 million in California. told Adweek. Those remodels will add on to the roughly $2.2

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