Tagged: alabama

June 28, 2022 @ 2:17 am By Omar Faridi  |  

Pie Insurance, an Insurtech company specializing in workers’ comp insurance for small businesses, recently announced small business owners in Alabama and Oregon have access to its workers’ comp insurance. The expansion “increases the company’s coverage footprint to 38 states and Washington D.C, representing 89% of… Read More

December 16, 2020 @ 11:14 pm By Omar Faridi  |  

The University of Alabama is teaming up with Chainalysis, a provider of compliance and investigation software of virtual currency transactions. Through the partnership, both organizations will aim to offer “cutting-edge” education and training for students. Blockchain analysis firm Chainalysis noted in a blog post that… Read More

November 3, 2020 @ 10:21 am By Samantha Hurst  |  

CORO, a U.S.-based gold payment app, announced on Tuesday it has received its money transmitter license in Alabama. The latest milestone comes just a little over a month after  CORO received its money transmitter license in Oregon. As previously reported, CORO has created a new… Read More

April 16, 2019 @ 7:00 am By Erin Hobey  |  

Spur, a new Employment-as-a-Service (EaaS) platform, raised $8 million in a  Series A funding round led by Third Prime, with participation from Mark Bezos and Blue Ridge Capital Founder John Griffin. Spur also appointed Bezos to its Board of Directors. This investment marks one of the… Read More

February 22, 2018 @ 9:12 pm By Samantha Hurst  |  

Commercial real estate crowdfunding platform ArborCrowd announced its latest offering for investors to own an equity interest in a multifamily property with tremendous upside potential. Tower on Ryan Park (the Property) is a 141-unit, high-rise property located in downtown Mobile, AL. According to ArborCrowd, the total capitalization of the… Read More

February 25, 2017 @ 1:38 pm By JD Alois  |  

New Leaf Digital has partnered with Wefunder to host the “world’s first” live crowdfunding event using Title III of the JOBS Act or Reg CF. New Leaf Digital is a Huntsville-based 501c3 nonprofit organization that provides innovation education opportunities to North Alabama’s millennial population. With… Read More

January 16, 2017 @ 2:50 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it provided financing to a commercial property owner to purchase a fully leased retail center in Mobile, Alabama. According to Money360, the $3,865,000 five-year loan is secured by the 1.61-acre, 16,710-square-foot Airport Boulevard Shops shopping center,… Read More

December 21, 2015 @ 11:34 am By Samantha Hurst  |  

RealtyMogul.com, an online marketplace for real estate investing, announced on Monday that it has successfully funded a $2 million bridge loan for a single-tenant property in Opelika, Alabama. The loan has a 12-month term, represents 61 percent of the property’s value, with proceeds being used… Read More

December 15, 2015 @ 12:29 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform YouCaring announced “The 10 Most Compassionate Cities and States,” which highlights the areas of the U.S. that best demonstrate the spirit of helping others and giving back.YouCaring, which provides free crowdfunding for personal and charitable causes, such as medical expenses and… Read More

August 12, 2015 @ 10:19 pm By JD Alois  |  

Apparently Alabama State Senator Paul Sanford has launched a crowdfunding campaign on GoFundMe to finance the state government.  The goal is to raise $300 million.  In the past 5 days 67 people have kicked in $1145 so the campaign has a ways to go. Senator… Read More

June 6, 2015 @ 10:47 am By Samantha Hurst  |  

In an effort to end hate crimes and violence against the LGBTQ community, the “God Loves Gays National Billboard Campaign” project has been launched on YouCaring to raise $20,000 to post billboards in 20 states. Last year, the creator of the God Twitter and Facebook page… Read More

February 16, 2015 @ 2:57 pm By Samantha Hurst  |  

Seeking to help Sureshbhai Patel in his time of need, supporters from all over have taken to GoFundMe to fund his medical expenses, after he was paralyzed by a police officer in Alabama earlier this month. According to Huffington Post, shortly after Patel arrived in the… Read More

October 8, 2014 @ 7:58 am By Samantha Hurst  |  

American Homeowner Preservation (“AHP”) reached a milestone this week by helping its 500th borrower stay in their home and avoid foreclosure with a loan modification. To counter the devastation of the housing collapse, recession and foreclosure crisis, AHP crafted a socially-conscious business model that aims to get borrowers… Read More

August 13, 2014 @ 3:30 pm By Samantha Hurst  |  

Just a few months after Governor of Alabama, Robert J. Bentley, signed a crowdfunding exemption bill, which allows businesses that are located in the state to raise up to $1 million, the state’s securities commission held a few seminars this week to discuss what the… Read More

April 13, 2014 @ 8:57 pm By JD Alois  |  

As was widely expected the Governor of Alabama, Robert Bentley, signed into law the states’ crowdfunding exemption bill.  The new law allows businesses and  located in Alabama to raise up to $1 million.  Investments are capped to $5000 for non-accredited investors. The law passed both… Read More

April 2, 2014 @ 2:11 pm By JD Alois  |  

State Securities Commissioner Commends Lawmakers on Getting Bill Passed. The Alabama House of Representatives passed Senate Bill 44 yesterday, April 1, 2014, and it now awaits the Governor’s signature to become law. State Senator Arthur Orr (R), 3rd District, sponsored the bill and with the… Read More

February 17, 2014 @ 11:18 am By Charles Luzar  |  

If we were tallying states up today, Kansas, Georgia, Michigan and Wisconsin have made equity crowdfunding legal and are in some stage of implementation. Alabama, Washington, Maine and North Carolina are all considering exemptions. Of course, that may change tomorrow. Amidst all the hoopla about a… Read More

January 24, 2014 @ 9:49 am By Charles Luzar  |  

Yesterday the Alabama State Senate approved a bill that would set into motion an intrastate crowdfunding exemption. The vote was unanimous, 31-0. Crowdfunding legislation continues to garner bipartisan support. The bill now heads to the House where it is already receiving some praise. The Associated Press… Read More

January 21, 2014 @ 10:10 am By Charles Luzar  |  

We caught wind of a proposed crowdfunding exemption in the State of Alabama in the fall of 2013. As any regular reader of Crowdfund Insider knows, intrastate crowdfunding exemptions are popping up left and right as of late. Just this week we reported on proposed legislation… Read More

November 27, 2013 @ 11:00 am By Charles Luzar  |  

A state senator in Alabama is proposing a crowdfunding exemption at the state level that aims to allow Alabama entrepreneurs to crowdfund from Alabama investors. Senator Arthur Orr (R-Decatur) has proposed the bill. State Securities Commissioner Joseph Borg is cited by Senator Orr as being… Read More