article thumbnail

Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132
article thumbnail

Data Dive: The Yes, No, Gotcha! Edition

PYMNTS

Credit Karma said yes to early tax refunds for consumers – for free. And the world learned that the Nigerian royalty that has been trying to scam them for the last several years is neither Nigerian nor a prince – just a guy from Georgia with a side hustle working for scammers. Good Tax Lending Karma.

Taxes 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Election That Misplaced Small Businesses

PYMNTS

Trade has been a big topic of conversation on the campaign trail, as have debt, taxes, wages, immigration and monetary policy. 2) Can taxes be made comprehensible? There is the answer we thought we would get when we asked store front businesses about taxes — and then there is the answer we did get.

Taxes 50
article thumbnail

Kabbage Reaches $2 Billion in Originated Loans in 5 Years

Fintech Labs Insights

Today, the Georgia-based company announced it has originated $2 billion in loans during the past five years. The new initiatives aim to foster transparency in online lending by creating an environment in which all lenders can openly collaborate on small business loan pricing and fee disclosures.

article thumbnail

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

HQ: Duluth, Georgia. Tags: Enterprise, fraud, security, online banking, payments, API, developers, big data. Here are the deals by size from 7 Nov to 12 Nov, 2015: NCR. ATMs, POS & financial technology. Latest round: $820 million Post-IPO equity. Total raised: Unknown. Source: WSJ. Equity crowdfunding platform. Source: Crunchbase.

article thumbnail

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Atlanta, Georgia. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Source: Crunchbase. Connecture. Health insurance distribution platform. Latest round: $52 million (post-IPO equity). Total raised: $75+ million. Source: Crunchbase. Cumulus Funding. Source: Crunchbase. Latest round: $2.5

Company 12
article thumbnail

How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

The most well-funded startup is Georgia-based Greenlight Financial, an alternative debit card issuer that allows parents to manage spending limits and allocate funds for their children through a mobile app. With parental consent, kids can set up their own accounts and make purchases using their own personalized debit cards.

Retail 78