Tagged: florida

December 3, 2020 @ 11:22 pm By Omar Faridi  |  

Future Fintech Group Inc. (NASDAQ: FTFT), an established blockchain-enabled, digital commerce firm and a service provider for financial technology, has reportedly appointed Ming Yi as its new Chief Financial Officer (appointment effective as of November 30, 2020). Jing (Veronica) Chen has resigned from her role… Read More

October 20, 2020 @ 1:49 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance announced on Tuesday it has expanded its service to both Florida and Wisconsin.  The expansion comes just days after Pie announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes… Read More

July 5, 2020 @ 1:35 pm By Omar Faridi  |  

Ron DeSantis, the 46th Governor of the US state of Florida, noted on July 2, 2020, that with the signing of HB 1391, Florida now welcomes Fintech firms that aim to “disrupt the status quo and gives them an opportunity to provide new types of… Read More

January 7, 2020 @ 1:22 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Tuesday the opening of its newest office location in Jacksonville, Florida.  According to SoFi, the office is located in the St. Johns Town Center and will fit up to 300 full-time staff, mainly focused on operations functions including member relations,… Read More

December 13, 2019 @ 1:15 pm By JD Alois  |  

This is a first. StartEngine has filed a Form C with the Securities and Exchange Commission (SEC) to raise capital under Reg CF on TrueCrowd – a different crowdfunding platform. Both StartEngine and TrueCrowd are FINRA regulated funding portals. Typically, platforms self-crowdfund instead of listing… Read More

November 18, 2019 @ 11:30 am By Omar Faridi  |  

South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a warning against Karatbars International GmbH, a German company that has been promoting a digital currency, called KaratGold Coin, which is allegedly backed by gold. According to FSCA’s release: “Karatbars International GmbH is… Read More

October 5, 2019 @ 11:13 am By Omar Faridi  |  

Florida’s regulatory authorities are investigating Karatbars, a German firm that’s been promoting a crypto token linked to a Miami “crypto bank,” which does not have a banking license. Karatbars previously launched a cryptocurrency that the company claimed was backed by gold. In addition to developing… Read More

August 30, 2019 @ 3:30 pm By JD Alois  |  

San Francisco based SoFi is expanding and hiring new employees. The California born Fintech is just not doing it in the Golden State. SoFi will be hiring 300 new employees in a new Southeast Operations Center in Jacksonville, Florida. SoFi, like many other firms, is… Read More

April 13, 2018 @ 1:00 pm By Samantha Hurst  |  

HCI Group, Inc. (NYSE: HCI) announced on Thursday its that insurtech platform TypTap has surpassed $10 million in gross written premiums. According to HCI, TypTap provides residential flood insurance in Florida, features the company’s internally developed, online quoting and binding platform. The platform also provides a quote in seconds and… Read More

March 7, 2018 @ 11:54 am By Samantha Hurst  |  

Pockitapp, a new mobile fintech app that lets consumers immediately convert the change from cash transactions and sends it to their phone, is now available to retail and food establishments in Orlando, Florida. Founded in 2016, Pockit’s mission is to convert physical change into digital currency… Read More

February 19, 2018 @ 9:05 am By Samantha Hurst  |  

Less than one week after the Broward Education Foundation, the direct support organization solely dedicated to raising funds for Broward County Public Schools, launched the GoFundMe dedicated to the victims of last week’s horrific shooting at Marjory Stoneman Douglas High School located in Parkland, Florida, supporters of… Read More

February 15, 2018 @ 7:53 pm By Samantha Hurst  |  

Following the devastating shooting at Marjory Stoneman Douglas High School located in Parkland, Florida, Broward Education Foundation, the direct support organization solely dedicated to raising funds for Broward County Public Schools, has launched a crowdfunding campaign on GoFundMe to raise $600,000 for the victims of the incident…. Read More

November 17, 2017 @ 5:38 pm By Erin Hobey  |  

That this past hurricane season wreaked economic havoc on metropolitan Houston, southern Texas, Louisiana, southern Georgia and Florida is not surprising (Hurricane Maria’s effects on Puerto Rico were not covered in this analysis); in a recent blog, Orchard Platform posted initial research how much Hurricanes Harvey… Read More

October 18, 2017 @ 10:07 am By Samantha Hurst  |  

Florida fintech firm Finova Financial announced on Tuesday it has secured $102.5 million in equity and credit facility funding. The financing was led by CoVenture with participation from existing investors. While sharing details about the funds, CEO of Finova Financial, Gregory Keough, stated: “70 million… Read More

September 14, 2017 @ 9:42 am By Samantha Hurst  |  

One Spark announced on Wednesday it has extended its creator application deadline once again after the devastating Hurricane Irma ripped through Florida and the Carribean last week. The Creator application deadline until midnight, September 16th. Innovators and entrepreneurs may apply for the 2017 Innovation Festival… Read More

September 12, 2017 @ 9:47 am By Samantha Hurst  |  

Following the devastation that Hurricane Irma in Florida and also the Carribean, DonorsChoose announced it launched a recovery fund dedicated to helping teachers rebuild their classrooms that were damaged by the storm. While sharing details about the recovery fund, Charles Best, founder of DonorsChoose, stated: “Hurricanes Harvey… Read More

September 7, 2017 @ 11:02 am By Samantha Hurst  |  

One Spark announced on Thursday it is extending the Creator application deadline until midnight on next Wednesday (September 13), to give potential Creators in high-risk areas time to prepare for the threat posed by Hurricane Irma. Innovators and entrepreneurs who wish to apply for the 2017… Read More

June 16, 2017 @ 11:13 am By Samantha Hurst  |  

Online commercial real estate company ArborCrowd announced on Thursday it is now offering a new $69.7 million commercial real estate deal to investors. The Lago Paradiso property is described as a multifamily complex located in Miami, Florida.  According to ArborCrowd, investors now have the opportunity… Read More

March 7, 2017 @ 11:41 am By Samantha Hurst  |  

Commerical real estate marketplace lending platform, Money360, announced on Monday it has provided a $3.25 million bridge loan to the owner of the Regency Business Center, a four-building office property in Jacksonville, Florida. According to Money360, the loan was secured by a first-lien deed of trust and… Read More

December 15, 2016 @ 4:08 pm By Samantha Hurst  |  

RealtyShares announced on Thursday its community of investors raised $2.25 million to recapitalize and fund the renovation of Avesta Communities’ Bridgewater complex, a 344-unit apartment community located in Orlando, Fla. According to RealtyShares, Avesta Communities recently acquired the property below its appraised value and planned to perform… Read More