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January 18, 2023

On the web

Intuit QuickBooks Business Network to Accelerate and Automate B2B Payments for Millions of U.S. Businesses

Intuit

Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, expanded availability of the Intuit QuickBooks Business Network to millions of small and mid-market businesses in the U.S., creating one of the largest business-to-business (B2B) networks aimed at accelerating and automating B2B payments and improving overall cash flow.

December 6, 2022

On the web

Intuit Quickbooks Online Customers Increase Efficiency With Fully Automated AP And Payment Solution by AvidXchange

AvidXchange

“AvidXchange Holdings, Inc., a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced an invoice-to-pay application programming interface (API) integration with Intuit QuickBooks Online . This new offering provides customers who rely on QuickBooks Online, a fully automated, end-to-end, cloud-based AP and payment solution. Built on the AvidConnect platform, this seamless integration enables automatic syncing of accounting codes, vendor information, invoices and payments via combined AvidInvoice, AvidPay and QuickBooks Online technology. This helps customers with complex needs, especially those who have outgrown their AP solution provider or processes, save time spent on manually handling these crucial AP tasks.”

December 1, 2022

On the wires

Intuit to Acquire Financial Health Startup SeedFi

Businesswire

“Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today it has entered into an agreement to acquire SeedFi, the partner behind Credit Karma’s Credit Builder1, which helps low, or no-credit borrowers build credit while saving money, all for free. Credit Builder offers a line of credit and a secured savings account enabling members to build their credit while building up savings. By combining SeedFi’s Credit Builder technology with Credit Karma’s long standing relationships with credit bureaus and others in the credit ecosystem, Intuit will be able to move with greater speed and scale to help Credit Karma members make financial progress. Late last year, Credit Karma entered into a partnership with SeedFi to offer Credit Builder to its members, enabling them to make regular payments, starting with as little as $20 per month or $10 per paycheck. By reporting these payments to the credit bureaus, members took steps toward improving their financial health. Through this partnership, members increased their score by an average of 21 points in as little as 30 to 45 days2 and built up over $10 million in savings. This acquisition will enable Credit Karma Money to continue to build on that momentum and help put more members on a path to financial security.”

March 29, 2022

On the web

January 27, 2022

On the wires

Intuit QuickBooks Gives Small Businesses and Their Employees Faster Access to Money With Two New Fintech Solutions

“Intuit QuickBooks today announced two new products that provide small businesses and their employees with faster access to their money in an effort to give them greater cash flow flexibility so they can succeed and prosper. With QuickBooks Get Paid Upfront , eligible QuickBooks Online customers can eliminate the wait to be paid on outstanding invoices and put their earned money to work faster. QuickBooks Early Pay will provide eligible employees paid through QuickBooks Online Payroll with the option of instant1 access to money between paydays.”

April 5, 2021

On the wires

 Intuit ProConnect Announces Practice Ignition Partnership to Increase Efficiency for Tax Professionals

“Today, Intuit ProConnect , from Intuit Inc. (Nasdaq: INTU), is announcing its partnership with Practice Ignition (PI) to increase productivity for tax professionals. Practice Ignition, an automated proposal and payment management software that eliminates administrative tasks, will work in tandem with Intuit professional tax products, allowing for a better end-to-end workflow for tax professionals.”

March 23, 2021

On the wires

Mint and Rocket Mortgage Introduce Fully Digital Mortgage Solution to Empower Home Buyers

“Today, Intuit’s (Nasdaq: INTU) personal finance app Mint, and Rocket Mortgage – part of Rocket Companies (NYSE: RKT), announced an extension of their partnership where Mint users can get approved to purchase a home entirely digitally, within the Mint app – powered by Rocket Mortgage’s API. This new solution gives homebuyers the ability to go from application to an accurate rate confirmation and an approval in as few as eight minutes, instead of days. Users can complete the entire process in the Mint app and they can easily import information they have already added to their Mint account.”

March 3, 2021

On the web

April 13, 2020

On the web

PayPal, Intuit & Square approved to offer loans to small businesses through coronavirus relief program

TechCrunch

“Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program , which provides aid in the form of forgivable loans for small businesses that keep all employees on their payroll for at least eight weeks. The $350 billion small business loan program is a part of Congress’s $2 trillion coronavirus stimulus package, and is aimed at those businesses with fewer than 500 employees. PayPal on Friday announced it had been”