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This Insight Partners-Backed Cryptocurrency Tax Software Company Raised $130M To Carry Out Growth Plans

CB Insights

Taxbit, a cryptocurrency tax software provider, has raised $130M in an extended Series B that drew participation from Insight Partners and Institutional Venture Partners. Utah-based TaxBit is a developer of cryptocurrency tax software. HOW’S THE COMPANY PERFORMING? Want the full post? Become a CB Insights customer.

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Rent-A-Center Acquires Acima For Virtual Lease-To-Own Platform

PYMNTS

Founded in 2013 in Salt Lake City, Utah, Acima operates in over 15,000 retail partner locations and eCommerce platforms. About $225 million in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is expected for 2020. . The transaction is expected to close in the first half of 2021. .

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GPS Capital Markets For Sale, Sources Say

PYMNTS

As of last year, the company employed 63 people, reports said, citing Utah Business data. GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication.

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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

Lyft , noted the report, is operating in fewer markets than Uber — Lyft is in the U.S. and Canada while Uber has operations around the world. The report noted that Uber drivers are earning the most tips in Salt Lake City, Utah; San Antonio, Texas; Kansas City, MO; New Orleans, LA; and Nashville, TN.

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Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. Ritesh Gupta, previously the chief customer operations officer, was promoted to chief operating officer.

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Possible Finance Personal Loans Review

MyBankTracker

One perk of Opploans is that the company operates in far more states than Possible, meaning more people can take advantage of its loans. The company only offers small loans and operates in just a few states, making it a viable option for only a small group of borrowers. Are Personal Loans Taxable or Tax-Deductible?

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Sigma aims to streamline business operations. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations. As companies increasingly operate on multi-party platforms and marketplaces, the ability to accept and send payments to third parties is vital.

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