Funds firm Sq. mentioned Tuesday it's going to purchase Credit score Karma’s tax enterprise for $50 million and combine it into its Money App, a se
Funds firm Sq. mentioned Tuesday it’s going to purchase Credit score Karma’s tax enterprise for $50 million and combine it into its Money App, a serious hub for bitcoin gross sales.
Money App will make Credit score Karma’s do-it-yourself tax-preparation software program obtainable to its 30 million month-to-month customers without cost, Sq. mentioned. These customers already ship funds, handle bank cards, spend money on shares and more and more buy bitcoin from the favored app.
Credit score Karma is promoting the operations as a situation to realize U.S. Division of Justice approval for its $7.1 billion acquisition by Intuit.