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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

To assist companies in following Goods and Services Tax (GST) rules in India, Avalara, Inc. The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. has debuted its Avalara India GST e-Invoicing product.

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FinTech Sleek Lands $4M For Corporate Services Platform

PYMNTS

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

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Fintech Deals to Watch: Back to School

Gonzobanker

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

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Small Biz FinTech Leads End-Of-Summer B2B VC

PYMNTS

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far.

Fintech 155
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Closing the gate: House adopts ENABLERS Act amendment to 2023 NDAA

CFPB Monitor

Clearly: if eventually passed, this amendment will change the landscape of professional service providers, including tax return preparers with foreign clients, and payment processors. in a manner that the Secretary determines appropriate to assess compliance” with the amendment. Requirements.

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Canadian Fintech Market Map

CB Insights

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity.

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Open banking APIs are open for business

Insights on Business

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market.

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