PYMNTS

MAY 21, 2018

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. The paper noted that American Express, Capital One, Citigroup, Discover Financial and Synchrony Financial had a median return on their assets of 2.1 Analysts estimate the new tax will bring in $45 to $49 million per year over five years.

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. The Series C investment will help the California company focus on growth and product innovation to fuel development of its enterprise data warehousing solution.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

JUNE 29, 2020

The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. Wealthfront , the online investment service firm, has added checking features to its app.

Fintech 151

Fintech California New York ATM 151

PYMNTS

DECEMBER 11, 2019

The company has worked to legitimize itself by remaining compliant with California’s strict cannabis laws, a move that will let companies in the industry worry less about capital requirements and more about managing compliance. WAYV is partnering with Hypur, a Scottsdale-based payment and banking company, on the initiative.

California 135

California Compliance Capital Taxes 135

PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227

US Cyber Security Security National 227

PYMNTS

SEPTEMBER 12, 2019

It is reasonable to conclude that a relatively large acquisition by Groupon is forthcoming,” Robert Chapman, founder of California investment firm Chapman Capital, told the WSJ. Chapman sold part of his 10 million share stake in Groupon on Tuesday (Sept. 10) because he considers a large acquisition too risky for Groupon.

Chicago 148

Chicago California Strategy Taxes 148

PYMNTS

JUNE 14, 2019

Funderbeam operates a blockchain-powered funding and trading platform for the private sector in an effort to address the small business venture and capital gap. Reports said the firm is currently expanding its team, though exact details on how Edgewise plans to use the capital were not revealed.

Fintech 129

Fintech Capital Management California 129

CB Insights

MARCH 4, 2022

Anrok , a SaaS sales tax solution, has raised $20M in a Series A. The round drew participation from Index Ventures and Sequoia Capital. California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. HOW’S THE COMPANY PERFORMING? Want the full post?

Taxes 59

Taxes San Francisco Software Compliance 59

PYMNTS

FEBRUARY 5, 2020

“Somebody with really great visibility into AP can fund their growth through extended terms to their suppliers because that is part of working capital,” McGuire said. At a high-level view, that changes the number of levers that can be pulled — from a finance perspective — around the working capital associated with AP.

Capital 152

Capital Taxes Compliance Payments 152

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. California’s Kenna Security announced $25 million in Series C funding this week for its predictive cyber-risk solution. Cybersecurity.

US 116

US Capital California San Francisco 116

PYMNTS

MAY 18, 2018

Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Endeavour Catalyst and Satya Capital also participated. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments. Small Business Banking. InsightSquared.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

JUNE 22, 2020

And second, the Opportunity Fund has also seen that every dollar it lends to an SMB creates $2 in local economic activity in the form of wages, spending and tax revenues. But she noted that the Opportunity Fund is currently working with a California task force to build a $1 billion loan fund for small businesses.

Maine 246

Maine Lending Community Fintech 246

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. Home Bank of California. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. Less than $300 million.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

JULY 6, 2020

million was embezzled by a former commercial real estate employee from Milan Capital Management, an Orange County, California company, leading to the imprisonment of the former employee, according to local OC-Breeze reports.

Fraud 148

Fraud Missouri California Report 148

Jeff For Banks

JULY 19, 2020

Excess Capital 3. I defined excess capital as top quartile tangible equity to assets for the most recent year ended 2019. We surely should award higher multiples to faster growers, with top quartile capital, and a superior deposit mix than those that lack those attributes. The three attributes were: 1. Who Has "It"? SBA Lending.

Lending 109

Lending Capital California Taxes 109

PYMNTS

MAY 4, 2017

When thinking about Orlando’s tech industry, some say the city’s access to capital, accelerator programs and tech clusters are what sets it apart. ND: People always ask me why I don’t move Crunch to California/Silicon Valley. There have been 52 new startups founded in 2017. I always respond with “Why would I do that?”

Florida 110

Florida United States Taxes Community 110

PYMNTS

APRIL 5, 2019

IPO Tax Windfall: Amid dizzying IPOs — they’re up and they’re down! the state of California will get billions. According to The Wall Street Journal , state tax coffers will swell by $13.8 billion as a result of capital gains. Levi’s gains while Lyft sputters, and more are coming to market! —

Payments 117

Payments social media Taxes Chicago 117

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

APRIL 12, 2019

All in, Walmart plans to spend $173 upgrading in Florida, $265 million in Texas and $145 million in California. billion on 500 remodels in 2018 — more than a fifth of the retailer’s total capital expenditure of $10.3 In 2019 Walmart plans to employ $11 billion in capital expenditures. 2: People in Glass Houses Should Pay Taxes.

Taxes 100

Taxes Retail Columbus Technology 100

CB Insights

OCTOBER 19, 2021

The round drew participation from Altimeter Capital, Coatue Management, and Green Bay Ventures, among others. California-based Deel’s platform assists companies with international payroll, onboarding, taxes, compliance, and benefits in more than 150 countries. How’s the company performing?

Compliance 53

Compliance Tools California Taxes 53

PYMNTS

NOVEMBER 14, 2018

billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.” The idea, though, is not only that Amazon will create thousands of well-paying jobs. In New York City, Amazon’s $1.2 Citi Reaction.

New York City 122

New York City New York Virginia Chicago 122

PYMNTS

JULY 24, 2018

In just one of the latest, a suit filed earlier this month in California has said the token was born to fund Ripple operations, and the token sales have had “all the traditional hallmarks” of securities – all except the registration as such. Ripple calls it an “independent digital asset.”

Security 101

Security California Bitcoin Taxes 101

PYMNTS

APRIL 14, 2017

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140

Las Vegas Los Angeles Retail United States 140

PYMNTS

MARCH 2, 2018

He compared the modern bitcoin boom to the California Gold Rush of yore — but a far less useful version, because bitcoin uses a lot of resources to produce something that’s not really all that useful at the end of the day and has no value at all except for the value an international pool of speculators have assigned to it.

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104

Abrigo

SEPTEMBER 5, 2023

Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. and property tax payments. a significant capital injection into the borrower, or other collateral such as liquid assets). It just stays on forever.

Policies 195

Policies Lending Risk Management Examples 195

PYMNTS

DECEMBER 2, 2016

While bitcoin remains largely unregulated and relatively unsecured worldwide, recent strides have been made in Japan to capitalize on the cryptocurrency market. In mid-November of this year, the IRS sought access to Coinbase’s user records as part of an investigation into alleged tax violations connected to digital currency.

Bitcoin 100

Bitcoin cryptocurrency ATM California 100

PYMNTS

FEBRUARY 13, 2018

After all, the word “tipalti” means, “we took care of it,” and that’s what the San Mateo, California, startup aims to do by automating the accounts payable and payments cash flow. Sub-Brands. Software that manages invoices has existed for decades, but Tipalti takes an alternate approach: Its offering automatically processes the payments.

Branding 103

Branding Payments Operations Resources 103

MyBankTracker

SEPTEMBER 10, 2020

REITs offer the tax benefits of owning property without having to play landlord. including California and Texas. Are Tax-Loss Harvesting and Automatic Rebalancing Included? Tax loss harvesting lets you “harvest” losses by selling investments that are declining. Some own storage buildings or warehouses.

Taxes 52

Taxes Online Management Examples 52

NCR

MARCH 15, 2016

As auditors, we take on a fiduciary responsibility to verify each client’s financial records – their tax returns, income statements and each line of the balance sheet. The best advice we can give is for them to filter their tax and accounting through the experienced eyes of a highly trained and experienced CPA. Conclusion.

Taxes 40

Taxes CA Lending Strategy 40

Independent Banker

DECEMBER 31, 2021

hopes to add several business services in the future, possibly including wealth management, cash management, life insurance, products that have guaranteed returns and products that have tax advantages, says president and CEO Carlos P. finds talk of raising capital thresholds concerning. Ponce Bank in Bronx, N.Y.,

Community Bank 144

Community Bank Community Lending Louisiana 144

Fintech Labs Insights

MAY 6, 2015

Less than a week away from its Finovate debut in San Jose , wealth advisory technology innovator, Trizic has closed a $3 million seed funding round with Operative Capital. Operative Capital initially invested $1 million in Trizic, and this week increased its investment by another $2 million. Brad Matthews is founder and CEO.

San Jose 12

San Jose Operations Capital San Francisco 12

Fintech Labs Insights

JULY 24, 2015

Dealstruck has raised $10 million in new capital from Community Investment Management. The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “And growing the capital pool means more access and more opportunity.”

Capital 12

Capital Lending San Diego San Jose 12

Fintech Labs Insights

MAY 19, 2016

HQ: Oakland, California. HQ: Danville, California. HQ: San Francisco, California. HQ: Palo Alto, California. Income tax service. HQ: Los Angeles, California. HQ: San Francisco, California. HQ: Burlingame, California. AI for capital markets news. HQ: California. Total raised: $224.9

San Francisco 18

San Francisco Company Fintech California 18

Fintech Labs Insights

SEPTEMBER 1, 2016

The fintech sector attracted $332 million in new capital the first week of August. Four of those came out of the most recent batch of companies launched from accelerator 500 Startups , where each received $125,000 in seed capital. HQ: Oakland, California. HQ: San Diego, California. Middle market capital matchmaker.

New York City 18

New York City Company Fintech Comparison 18

MyBankTracker

DECEMBER 1, 2020

The company went public in 2019, and now has a market capitalization of almost $90 billion. For example, California passed a law to this effect. Wash Sale Rule: How to Avoid an Inconvenient Tax Violation. The company was founded in March 2009 and started by providing ridesharing services across the United States.

How To 52

How To San Francisco Analysis Regulation 52

MyBankTracker

MAY 22, 2020

To apply, you must live in one of the following states : Arizona California Florida Illinois New Jersey New Mexico Nevada Texas Utah Idaho (online only) Missouri (online only) Wisconsin (online only) Currently, you can only apply if you receive an offer code in the mail, but the company plans to open applications to the public in the near future.

Idaho 52

Idaho Lending Wisconsin Nevada 52

CB Insights

JUNE 6, 2019

Solyndra intended to use the funding to dramatically expand its manufacturing facilities in Fremont, California, in a move that the company said would create approximately 3,000 new jobs. Coda’s unsold vehicles were later acquired by Mullen Technologies, an electric vehicle company based in California.

Apple 78

Apple Branding Google Company 78