Tagged: georgia

Georgia Tech Financial Services Innovation Lab, Fiserv to Advance Insight into Consumer Finances

The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv (Nasdaq: FISV), a provider of payments and financial services tech with a “flagship” presence in Georgia, are… Read More

Bank of Baroda to Focus on Digital Transformation, Enhances User Experience with NCR ATM as a Service

Bank of Baroda, one of India’s largest banking institutions, had been looking to boost efficiencies, implement the latest digital technology and provide a more connected customer experience. With these objectives in mind, it chose NCR Corporation (NYSE: NCR), an international enterprise tech provider, and its… Read More

Crypto ATM Market Expected to Reach $3.55B by 2030, Bitcoin Depot Reports

Bitcoin Depot is celebrating consistent growth this year as the firm looks ahead to 2022 in an update shared with Crowdfund Insider. Bitcoin Depot notes that consumers and retailers have increasingly been turning to their crypto ATM company for “secure, convenient, and fast transactions.” This… Read More

TruMark Financial Credit Union Chooses NCR Corp. to Offer Seamless Digital Banking Experience to Businesses

NCR Corporation (NYSE: NCR), an international enterprise tech provider, revealed on August 24, 2021, that $2.7-billion asset TruMark Financial Credit Union has chosen NCR to offer “a more seamless, consistent digital banking experience to its retail and business members.” As noted in a release, the… Read More

Mawson Infrastructure Group Expands US based Bitcoin Mining Farm, with Assistance from Canaan

Mawson Infrastructure Group Inc. revealed on August 12, 2021, that they had purchased an additional 17,352 of Canaan’s (NASDAQ:CAN) latest generation ASIC Bitcoin miners, adding more than 1.5EH to Mawson’s current operations. The additional 17,352 Avalon A1166 and A1246 BTC miners will be deployed across… Read More

Wirex First: Receives Money Transmission License From State of Georgia Department of Banking & Finance.

Wirex, a UK-based payments platform, announced on Friday it has received its first money transmission license in the U.S. from the State of Georgia Department of Banking and Finance. According to Wirex, the license will allow them to engage in the business of money transmission… Read More

Digital Banking: Georgia’s TBC Bank to Expand its Online Financial Services to Germany

TBC Bank Group PLC, a Georgian bank headquartered in Tbilisi, Georgia, announced on March 12, 2020 that it will be expanding its digital banking services to Germany, in order to take advantage of the leading European nation’s progressive environment for new businesses. The Space digital… Read More

More than 120 Fintech Firms are Now Operating in Atlanta, Up from Only 90 in 2016: Report

Atlanta has cemented its position as a Fintech hub, as deal activity in the US state increased significantly last year. Consolidation among the leading payment processing firms throughout the world, including Atlanta, is helping the region in acquiring considerable Fintech-focused investments. In July of last… Read More

Kelly Loeffler, CEO of Bakkt Digital Asset Exchange, Appointed to US Senate Seat in Georgia [u]

Kelly Loeffler, the CEO of Bakkt – a digital asset exchange and a subsidiary of ICE, has been selected by the Governor of Georgia to fill an open seat in the US Senate. Thank you @GovKemp for this important opportunity to serve our state and… Read More

Georgia FinTech Academy to Open Two Physical Locations at Georgia State University Campus & Buckhead Center

Georgia State University

Georgia FinTech Academy, a statewide talent development initiative, announced earlier this week it will now have two physical locations at Georgia State University’s J. Mack Robinson College of Business, executive offices on the university’s downtown campus and a professional education hub at its Buckhead Executive… Read More

Bloomberg: Liquid Cooling System Helping Bitfury Cryptomining Stay Profitable

The CEO of Bitfury, the second-largest crypto mining and hardware company in the world, told Bloomberg that it is, “still profitable and…bullish on Bitcoin in the long-term,” in part thanks to a high-tech  liquid-cooling system installed at its Georgian crypto mine. Bitfury recently re-acquired its… Read More

U.S. Fintech Greenlight Secures $16 Million During Series A Funding Round; Announces New Strategic Partnerships

Greenlight Financial Technology, Inc., a Georgia-based fintech company that created a smart debit card for kids, teens, and college students, announced on Wednesday it secured $16 million during its latest Series A financing round, which was led by  TTV Capital with participation from existing investors, New Enterprise Associates Inc…. Read More

Atlantic Capital Bank Appoints Chris Stanley As Vice President of Fintech Industry Banking

Atlantic Capital Bank announced on Monday it has appointed Chris Stanley as its new Vice President of Fintech Industry Banking to lead its fintech banking practice. According to the bank, Stanley has over 17 years of experience in corporate banking and supporting technology companies. Prior to… Read More

Orchard Platform Initiates Analysis: Severe Weather’s Effect on U.S. Unsecured Consumer Lending Industry

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

Mintos Marketplace Adds ID Finance Loans Issued in Georgia

ID Finance, an emerging markets focused Fintech company, is now listing investment opportunities on the Mintos marketplace incorporating prime personal loans issued under its Solva brand in Georgia. Solva is a fully owned ID Finance subsidiary in Georgia that has disbursed 28,000 personal loans worth… Read More

CrowdStreet Announces New Investment Opportunity: Comfort Suites – Savannah North

On Thursday, CrowdStreet Marketplace announced a new investment opportunity on its platform, which is dedicated to the Comfort Suites located in northern part of Savannah, Georgia.The property, which was built in 2006, has 83 rooms. The contract purchase price is $7,450,000 with an all in… Read More

Startup Growth Program Invest Georgia Makes Third Commitment: Invests $1 Million in Early Stage Fund TechSquare Labs

Georgia-based start-up growth project, Invest Georgia, has reportedly made its third commitment and invested $1 million in early stage fund, TechSquare Labs. According to VentureBeat, Invest Georgia’s program loose to encourage seed and early-stage companies in Georgia and has previously made investments in TTV Capital and… Read More

Digital Financial Services P2P Cash Launches Money Transfer Service in Nigeria

Digital financial service company, P2P Cash, announced on Friday it has launched a new money transfer service from George and South Carolina to Nigeria. The company reported that it now offers cross-border money transfer without any fees. P2P Cash, which is a division of software… Read More

Georgia Fintech Company Gro Solutions Raises $4.25 During Financing Round Led By TTV Capital

Georgia-based digital growth solutions for banks and credit union provider, Gro Solutions, announced on Monday it secured $4.25 million during its latest financing round, which was led by Atlanta-based TTV Capital with participation from BIP Capital, C&B Capital, and BLH Venture Partners. Gro Solution reported… Read More

RealtyMogul.com Announces Additional $7.5M of Closed Transactions

RealtyMogul.com announced on Wednesday the closing of five recent transactions, which includes four equity investments in commercial properties as well as an equity raise for a residential real estate fund. The platform revealed that its investors have funded $7.5 million through these opportunities, helping to finance multifamily,… Read More

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