Kansas City-based H&R Block Inc. (NYSE: HRB) reached an agreement to acquire Wave Financial Inc. for $405 million in cash, pending regulatory approval.
Wave Financial is a rapidly growing small business solutions platform that delivers free accounting, invoicing and receipt-tracking software, then generates revenue by offering payment processing, payroll and bookkeeping services. More than 400,000 small businesses worldwide use the platform every month.
“Bookkeeping and cash-flow management are…
Kansas City-based H&R Block Inc. (NYSE: HRB) reached an agreement to acquire Wave Financial Inc. for $405 million in cash, pending regulatory approval.
Wave Financial is a rapidly growing small business solutions platform that delivers free accounting, invoicing and receipt-tracking software, then generates revenue by offering payment processing, payroll and bookkeeping services. More than 400,000 small businesses worldwide use the platform every month.
“Bookkeeping and cash-flow management are…