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4 results for "Intuit"

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Intuit QuickBooks Partners with Modulr to Power Business Payment Accounts

Intuit's QuickBooks announced an agreement with Modulr on March 3, 2021, to power a new QuickBooks Business Account for small businesses. Modulr's embedded payments infrastructure enables SMEs to manage digital payment accounts directly within their accounting software, exemplifying the embedded finance trend in business tools.

Mar 3, 2021

Intuit Closes $7.1 Billion Acquisition of Credit Karma

Intuit completed its $7.1 billion acquisition of Credit Karma, the personal finance platform offering free credit scores, tax filing, and embedded financial product recommendations. The deal combines Intuit's tax and accounting software with Credit Karma's 110+ million users. This creates a powerful embedded finance distribution channel for banking and lending products.

Dec 3, 2020

Intuit Partners with Green Dot to Launch QuickBooks Cash via BaaS

Intuit partnered with Green Dot as its BaaS sponsor bank to launch QuickBooks Cash, an AI-powered primary banking product for small businesses. Green Dot's CEO highlighted the deal during a summer 2020 earnings call, projecting millions of new accounts. The partnership represents a significant expansion of embedded finance into small business banking.

Sep 1, 2020

PayPal, Square, and Intuit Approved as Direct PPP Lenders

PayPal, Square, and Intuit were approved by the SBA as direct lenders under the Paycheck Protection Program (PPP) for coronavirus relief. This marked a significant moment in fintech-bank convergence, allowing non-bank fintechs to originate federally guaranteed loans. The approval expanded embedded lending capabilities for these platforms' small business customers.

Apr 1, 2020