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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. States have been defining their parameters for economic nexuses.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Payments risk & compliance management. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Payments gateway for online marketplaces. Online investment manager. HQ: Omaha, Nebraska. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Total raised: $21.5

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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . Online cash-back services for restaurants. HQ: Omaha, Nebraska.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Online payroll system. HQ: Omaha, Nebraska. Online accounting. Income tax preparation app. Tags: Consumer, tax prep. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 billion more raised during the same period a year ago. ——-. Fintech deals by size from 25 June to 1 July, 2016: Paycor.

Company 12