Tagged: kin

February 25, 2023 @ 10:49 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal®, announced select preliminary operating results “through the fourth quarter ended December 31, 2022.” Kin finished 2022 “with $227.5 million in gross written premium, which represents a 117% increase in year-over-year growth.” Adjusted loss ratio… Read More

January 20, 2023 @ 3:33 pm By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for “every new normal,” announced its expansion into South Carolina. Kin is entering the Palmetto State “to offer a seamless way for homeowners and landlords to protect their most valuable assets, despite being exposed to several risks.” South… Read More

October 28, 2022 @ 3:28 pm By JD Alois  |  

Kin, an Insurtech that provides direct-to-consumer home insurance, has raised $145 million in debt capital, according to a statement from the firm. The funding was led by Runway Growth Capital and the Avenue Venture Opportunities Fund. Kin says the money will help it support the… Read More

April 30, 2021 @ 9:24 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced earlier this week its agency, the Kin Insurance Network Distributor, is launching landlord insurance in Louisiana. As previously reported, Kin describes itself as an insurtech startup and licensed insurance carrier that is on a mission to fix home insurance through… Read More

September 24, 2019 @ 3:49 pm By Cali Haan  |  

Things took a strange turn last night after news broke that Kik, creator of a messaging app for teens also called Kik, has been executing layoffs in Israel and plans to shutdown the app. First, following news of the layoffs, Kik CEO Ted Livingston confirmed… Read More

September 23, 2019 @ 8:12 pm By Cali Haan  |  

Two individuals who requested anonymity are claiming that Kik has begun disbanding the Isreali subsidiary responsible for running its messaging app, CalcalistTech reports. According to the outlet: “The company is moving all the app’s users to alternative platforms…The 70 employees of Kik’s Israeli cryptocurrency subsidiary… Read More

August 28, 2019 @ 3:42 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced on Wednesday it secured $47 million through its latest investment round. According to Kin, the funds will be used to launch its Kin Interinsurance Network, a Florida home insurance carrier. Founded in 2016, Kin describes itself as insurtech startup… Read More

June 11, 2019 @ 4:33 pm By JD Alois  |  

It has been widely known that Kik was engaged in a cage match with the Securities and Exchange Commission (SEC) ever since Kik went public regarding a Wells Notice submitted by the SEC. A Wells Notice informs an entity they may be the target of… Read More

June 5, 2019 @ 3:33 pm By JD Alois  |  

In the wake of the Security and Exchange Commission’s (SEC) enforcement action against Kik and the Kin initial coin offering (ICO), it appears that Coinbase’s name, as well as Circle’s, has been scrubbed from the list of supporters on the DefendCrypto website. DefendCrypto was concocted… Read More

June 4, 2019 @ 8:39 pm By JD Alois  |  

Kik’s Hail Mary Pass. As Crowdfund Insider reported earlier today, the Securities and Exchange Commission (SEC) has publicly revealed the allegations against Kik and the issuance of the Kin tokens. In 2017, Kik completed an initial coin offering (ICO) that raised a whopping $100 million… Read More

June 4, 2019 @ 2:16 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has publicly announced its lawsuit against Kik Interactive for conducting an illegal $100 million securities offering of “Kin” digital tokens in an initial coin offering (ICO). The legal action should come as no surprise to industry followers as Kik… Read More

May 28, 2019 @ 10:32 pm By JD Alois  |  

Kik Interactive Inc., a company based in Canada, raised about $100 million selling Kin tokens in an initial coin offering (ICO) during the midst of the hot crypto issuance market in 2017. First sold to accredited investors in a SAFT, once the platform was functional,… Read More

March 30, 2019 @ 6:34 pm By JD Alois  |  

Tapatalk, a mobile forum app, will now allow its users to earn Kin tokens, according to a note from from the company. That partnership was originally announced in November 2018. Kin, part of Kik, raised over $100 million in an initial coin offering in 2017…. Read More

February 4, 2019 @ 12:00 pm By Onki Kwan  |  

Kik Interactive Inc. (“Kik”), a company based in Canada, raised close to $100 million selling Kin tokens during the initial coin offering (ICO) boom of 2017, making it one of the most successful ICOs. It first sold tokens to accredited investors through a SAFT (Simple… Read More

January 29, 2019 @ 9:30 am By JD Alois  |  

In a report this past weekend, Kik – a Canada based company, indicated its intent to battle an anticipated enforcement action by the US Securities and Exchange Commission (SEC). According to WSJ.com, Kik is willing to go to the mat with the Commission in the… Read More

August 22, 2018 @ 12:36 pm By JD Alois  |  

Kin, a cryptocurrency powered ecosystem that wants to help brands better connect with their customers, has received approval from Apple to launch their iOS app on the app store. Kinit, as it is called, was released on Google Play for Android last month and Kin… Read More

August 30, 2017 @ 11:50 am By JD Alois  |  

Kik, a Canada-based chat platform founded in 2009, is poised to raise $125 million in an upcoming Initial Coin Offering (ICO) joining a handful of Token crowdsales that have topped the $100 million mark. Kik has already closed on a presale round that raised only… Read More