Tagged: flourish

October 16, 2023 @ 12:05 pm By JD Alois  |  

FDIC insurance is foundational to the US banking system. Accounts are insured against failure by the federal government. Yet this insurance only offers  $250,000 per deposit account in coverage – an amount that has not been changed in years. With the rapid rise of inflation,… Read More

December 7, 2021 @ 5:08 pm By Tony Zerucha  |  

Hummingbird Regtech, a provider of risk and compliance technology, this week announced the company has raised $30 million in Series B funding. The raise brings the total venture backed funding total to $41.8 million, and follows Hummingbird’s $8.2 million Series A in 2020. This new… Read More

October 1, 2021 @ 11:32 am By Tony Zerucha  |  

Flourish, a provider of technology for registered investment advisers (RIA), today launched Flourish Crypto, a turnkey cryptocurrency investing solution. Flourish Crypto is built on the Flourish Platform, which is offered through Flourish Digital Assets and Paxos Trust Company. The company is wholly owned by MassMutual…. Read More

December 14, 2020 @ 11:26 am By Samantha Hurst  |  

Massachusetts Mutual Life Insurance Company (MassMutual) announced on Monday it has entered into a definitive agreement with Stone Ridge Asset Management, an asset manager, to acquire Flourish, a fintech platform for RIAs. According to the duo, Flourish provides digitally enabled products and services to RIAs… Read More

September 30, 2016 @ 8:06 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has ordered LendUp to pay approximately $1.83 million in refunds and pay a civil penalty of $1.8 million. The enforcement action was taken as the “online lender did not help consumers build credit or access cheaper loans” as the… Read More