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SaaS sales tax compliance software Anrok hits $100M valuation. Anrokā€™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. California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. The startup operates in the US and has teams in San Francisco, Texas, Colorado, and Washington, among other locations in the US.

Taxes 59
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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

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Bitcoin Daily: Bill Proposes National Oversight For Crypto Exchanges; Russia Seeks Criminal Penalty For Not Reporting Crypto

PYMNTS

Representative Michael Conaway of Texas, who is the House Committee on Agricultureā€™s ranking member, put forward the legislation. In other news, the Ministry of Finance in Russia keeps advocating for digital currency industry rules through the introduction of new tax mandates, Cointelegraph reported. representative Thursday (Sept.

National 121
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Online Sales Taxā€™s ā€˜Pivotal,ā€™ Post-Wayfair 2019 ā€” 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
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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. Thereā€™s a lot of energy in the southern half of Texas, and itā€™s not just the resources that power our homes and cars. These include family-owned businesses, community businesses and operating companies. By Mindy Charski.

Texas 182
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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,ā€ Shane Garrison , chief operating officer of Retail Properties of America, told the Financial Times on Friday (Nov. The previous quarter saw losses totaling $1.5 billion, according to Women's Wear Daily.

Retail 152
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Bitcoin Daily: Brazil Debuts Blockchain Solution For Govā€™t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. There are reportedly more than 1,000 organizations forecasted to tap into the solution. at the World Bank.