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Square Will Acquire Credit Karma Tax On Behalf Of Hot BTC Investment Platform Cash App

Mary Liu

Summary: Payment giant Square announced today that it will acquire Credit Karma Tax, the tax business of Credit Karma, for $50 million and integrate it into its Cash App. In addition to providing P2P payment, direct deposit, Cash card, and traditional stock investment services, Cash App also supports the buying and selling of Bitcoin, which is ...

Payment giant Square announced today that it will acquire Credit Karma Tax, the tax business of Credit Karma, for $50 million and integrate it into its Cash App. In addition to providing P2P payment, direct deposit, Cash card, and traditional stock investment services, Cash App also supports the buying and selling of Bitcoin, which is a popular and simple way for retail investors. The acquisition expands Cash App’s diverse financial instrument ecosystem, provides an opportunity to further digitize and streamline the U.S. tax filing process.

By Mary Liu

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Link: Square Will Acquire Credit Karma Tax On Behalf Of Hot BTC Investment Platform Cash App   [Copy]
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