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News by FinTech Collective Archive

TaxBit raises undisclosed amount of new funding

Sarah Wolter

January 8, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

Salt Lake City based cryptocurrency tax automation software company raised an undisclosed amount of funding from PayPal Ventures, Coinbase Ventures, and Winklevoss Capital.

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According to TaxBit, its tools facilitate the automation of all tasks relating to cryptocurrency tax compliance for individual investors, as well as businesses and exchanges. Its tools like TaxBit Enterprise and TaxBit Consumer aim to simplify and streamline the calculation and reporting of taxes on cryptocurrency transactions.

https://www.pymnts.com/news/investment-tracker/2021/paypal-leads-investment-in-crypto-tax-automation-startup-taxbit/

More posts by Sarah Wolter

Klarna to launch credit card offering in the US “over the next few months”

Klarna to launch credit card offering in the US “over the next few months”

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Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

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India scrambles to curb PhonePe and Google’s dominance in mobile payments

India scrambles to curb PhonePe and Google’s dominance in mobile payments

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Public acquires Stocktwits trading accounts

Public acquires Stocktwits trading accounts

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Centrifuge raises $15m in Series A funding for institutional DeFi adoption

Centrifuge raises $15m in Series A funding for institutional DeFi adoption

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