Company Information

Get to know DAVO by Avalara

Originally founded as DAVO Technologies in 2005, the company created a patented process to automate the entire sales tax compliance process for merchants. Targeting businesses that use popular POS systems like Clover, Square, and QuickBooks, DAVO's service automatically sets aside sales tax funds from daily sales, holds them securely, and then files and pays the taxes to the state on behalf of the merchant. In 2021, DAVO was acquired by Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes, and was rebranded as "DAVO by Avalara" to integrate its specialized small business solution into Avalara's broader suite of services.

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Technology Software DevelopmentPRIMARY
Financial Other Service

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DAVO by Avalara

United States

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.