Tagged: florida

August 24, 2022 @ 2:49 pm By Omar Faridi  |  

Sumsub, a Regtech company that helps businesses stay compliant and fight digital fraud, “establishes its first US office in Miami, Florida, launching new services available for US customers.” Now local clients can “add Social Security Number (SSN) checks to verify users through Social Security records.”… Read More

May 15, 2022 @ 2:02 pm By Omar Faridi  |  

AKUVO, a technology-based organization focused on credit risk and delinquency management, recently announced a round of funding from three credit unions. The investments made by VyStar Credit Union, BCU and Reseda Group, a wholly-owned CUSO of MSU Federal Credit Union, will be channeled towards further… Read More

May 11, 2022 @ 9:35 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, recently announced that it has established a new client services and operations center based in Tampa, Florida. FIA Tech’s customer services team is the main interface for FIA Tech’s international client base and is tasked with the onboarding… Read More

April 21, 2022 @ 3:11 pm By Omar Faridi  |  

Blank-check company Global Blockchain Acquisition Corp. has reportedly filed for a $150M initial public offering (IPO) on Wednesday (April 20, 2022). The firm’s management noted that they plan to focus its search for an initial business combination on blockchain or DLT-related technology, economy, industries and… Read More

April 19, 2022 @ 9:57 pm By Omar Faridi  |  

LegalPay, an India-based litigation and interim finance provider, has teamed up with Florida-headquartered hedge fund Naples Global in order to introduce a $5 million fund for founders so they can protect their rights during board-related disputes. The new fund has mainly committed $5 million (appr…. Read More

April 19, 2022 @ 4:07 pm By Omar Faridi  |  

Financial technology provider FIS (NYSE: FIS) has announced its Banking-as-a-Service Hub, enabling banking institutions, credit unions, and Fintechs to build the virtual banking and payments ecosystems they require to provide innovation to merchants and consumers. The FIS Banking-as-a-Service Hub offers a complete suite of banking… Read More

April 12, 2022 @ 4:19 pm By Omar Faridi  |  

St. Petersburg’s fast-evolving Fintech sector continues to expand as Tampa Bay Wave and the University of South Florida have confirmed the inaugural cohort of startups for its Fintech|X Accelerator program. Announced on April 11, 2022, the accelerator’s first cohort includes 16 Fintechs from across the… Read More

April 10, 2022 @ 11:17 pm By Omar Faridi  |  

Seed Group, a subsidiary of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, recently entered a “strategic” alliance with PayCargo, a Florida-headquartered global logistics payment platform, in order “to bring its tried and tested payment technology to the UAE.” As noted in an… Read More

March 22, 2022 @ 10:24 am By Omar Faridi  |  

Fintech firm Play2Pay has entered a 5,200-square-foot lease at Wynwood Annex, which is home to various other prominent technology firms. Established in 2014, the firm provides clients with ways to lower their bills by playing games, watching engaging videos and responding to surveys. The Fintech… Read More

February 19, 2022 @ 2:30 pm By JD Alois  |  

A new report by Telstra Ventures highlights how the tech hub ecosystem is changing. The US has long been a hotbed of entrepreneurship and innovation with early-stage firms establishing dominant hubs in locations like the San Francisco Bay Area and New York City. But COVID… Read More

February 13, 2022 @ 12:34 pm By Omar Faridi  |  

Banking services Fintech Engage Fi is the latest local firm (in Tampa) to acquire out-of-state funding. Engage Fi co-founders Jenn Addabbo and James Guild introduced their banking services technology business back in 2014. The firm has reportedly acquired one of the first investments from an $850… Read More

December 26, 2021 @ 6:37 pm By Omar Faridi  |  

FTX US, a US-regulated crypto exchange, announced that it has entered into a partnership agreement with Stratos Jets Charters Inc, a private jet charter broker based in Orlando, Florida. Via this partnership, Stratos will be accepting payments in crypto and fiat via the FTX Pay… Read More

December 24, 2021 @ 11:23 am By JD Alois  |  

By now everyone is aware there is a significant migration taking place. High tax, less business-friendly states are losing out to low tax, business welcoming states and the transition is ongoing. While there are multiple states benefiting from individuals and firms exiting California, New York,… Read More

October 25, 2021 @ 12:06 pm By JD Alois  |  

As more and more firms flee the Northeast and California, several states are benefiting from this exodus of talent and innovation. Texas and Florida are at the top of the list due to low taxes, a business-friendly government, and, of course, beautiful weather. On the… Read More

September 26, 2021 @ 1:38 pm By Omar Faridi  |  

Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for… Read More

September 22, 2021 @ 1:34 pm By Omar Faridi  |  

Centennial Bank (NASDAQ: HOMB) has teamed up with FINBOA, an innovator in digital automation and regulatory compliance for financial institutions, in order to boost efficiency and cut down bank losses, while also enhancing client experience and empowering workers via process automation. As virtual payments and… Read More

June 4, 2021 @ 8:04 am By Omar Faridi  |  

Peter Smith, Co-founder and CEO at Blockchain.com, a leading crypto wallet provider, block explorer service, and digital asset trading platform, revealed on Thursday (June 3, 2021) that he joined Miami Mayor Francis Suarez in order to announce that Blockchain.com is “the first global crypto company… Read More

June 3, 2021 @ 10:20 am By Omar Faridi  |  

Financial technology leader FIS (NYSE:FIS) and The Venture Center have unveiled the 10 firms chosen to participate in the 2021 FIS Fintech Accelerator program. As mentioned in an update shared with CI: “In its sixth year, the FIS Fintech Accelerator program is focused on identifying… Read More

March 18, 2021 @ 10:55 pm By Omar Faridi  |  

Miami-headquartered JAG Insurance has reportedly issued its very first policy using cryptocurrency. JAG Insurance Group, which is well-known for being a digital tech pioneer and challenging the standards of the insurance industry, has decided to take its first steps into the crypto-asset space by issuing… Read More

December 4, 2020 @ 7:12 pm By Omar Faridi  |  

Financial advisor Mac Gardner aims to promote Fintech-focused competition so that more consumers are able to interact with financial literacy apps. There’s a new technology-related track in the financial planning curriculum being offered at the University of South Florida. The Fintech Bullpen, a Fintech competition… Read More