November 26, 2020 Sophia Vida
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Square is Buying Credit Karma’s Tax Unit for $50M

Payments company Square announced on Wednesday that it is buying Credit Karma’s tax unit Credit Karma Tax for $50 million cash. Credit Karma Tax provides a free do-it-yourself tax-filing service and will go into Square’s Cash App unit. “The acquisition provides an opportunity to further digitize and simplify the tax-filing process in the U.S., expanding … Continue reading “Square is Buying Credit Karma’s Tax Unit for $50M”