Tagged: north carolina

May 16, 2020 @ 12:32 pm By Omar Faridi  |  

US-headquartered nCino, an established cloud banking provider, has teamed up Sweden’s small business lender, Yourban, in order to support SME lending via the nCino Bank Operating System. Through the partnership, Yourban will be using a system that has been configured to meet the bank’s requirements…. Read More

August 24, 2018 @ 10:38 am By Samantha Hurst  |  

On Wednesday, Queen City Fintech Accelerator announced the six members of its accelerator program’s ninth class. According to Queen City Fintech, more than 100 companies applied from 35 U.S. states and 20 countries.  The accelerator runs from September 4th to November 14th and will conclude at the… Read More

August 10, 2018 @ 10:16 am By Samantha Hurst  |  

Holistic financial health platform Even announced on Friday it has opened its new office in Raleigh, North Carolina. This news follows the company securing $40 million through its Series B funding round. Founded in 2014, Even describes itself as a mission-driven technology company working to help Americans… Read More

August 3, 2018 @ 10:01 am By Cali Haan  |  

Cryptocurrencies are hard to value, says the North Carolina State Board of Elections and Ethics, and for this reason, candidates running for office in the state may not accept donations of cryptocurrency, News Observer reports. A Republican candidate seeking to represent House District 41 in… Read More

June 21, 2018 @ 6:20 am By JD Alois  |  

The state legislature in North Carolina has approved legislation that includes language dealing with virtual currencies. HB 86 originally hit the docket back in February 2017, but the original language of the bill did not incorporate cryptocurrency such as Bitcoin. The ratified bill is called;… Read More

March 27, 2018 @ 4:13 pm By Samantha Hurst  |  

Ally Financial Inc. (NYSE: ALLY), a Michigan-based digital financial services company, is set to open a new innovation hub in the Camp North End, which is located in Charlotte, North Carolina. The company describes itself as an award-winning online bank and one of the largest full-service… Read More

December 17, 2017 @ 10:23 am By JD Alois  |  

Good news for North Carolina. LocalStake NC is a new full stack crowdfunding platform that has just launched in the Tar Heel state. The investment crowdfunding platform will offer securities under Reg D (both 506(b) & 506(c)), Rule 504, Reg CF, and the instrastate rule… Read More

August 26, 2017 @ 9:41 am By Samantha Hurst  |  

Earlier this week, Charlotte-based Queen City Fintech announced ten fintech companies were selected for its inaugural Fall Cohort. The twelve-week accelerator program is set to begin with Class 7 on September 6th and conclude with the inaugural Southeast Fintech Venture Conference on November 20th. The… Read More

July 6, 2017 @ 9:50 am By Samantha Hurst  |  

Zenmonics, a fintech provider of omnichannel platforms for the global financial markets, announced on Thursday its partnership and formal sponsorship with Queen City Fintech to enhance the ecosystem of technology talent, products, and partnerships in the Charlotte area. While sharing details about the partnership, Riaz… Read More

June 9, 2017 @ 6:41 am By Jonathan Nieh  |  

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

April 3, 2017 @ 10:26 am By JD Alois  |  

The North Carolina Providing Access to Capital for Entrepreneurs and Small business Act (NC PACES Act) was signed into law in July 2016. Final rules were adopted on March 31, 2017 and were filed with the NC Codifier of Rules on the same day. Subsequently, the rules… Read More

October 17, 2016 @ 12:04 pm By Samantha Hurst  |  

Following the firebombing of the Republican Party’s North Carolina headquarters, Democratic Party supporters secured over $13,000 on GoFundMe to help rebuild the building. According to the campaign’s description, the incident happened in the early morning of October 16th. The building was firebombed and has abhorrent… Read More

August 17, 2016 @ 12:25 pm By Samantha Hurst  |  

This week, real estate crowdfunding platform RealtyShares announced $800,000 has been secured for the purchase of a retail center, Lincoln Center, located in Lincolnton, North Carolina. The funding portal revealed that it partnered with ProVest Properties to connect nearly 80 investors from across the U.S. to acquire… Read More

July 1, 2016 @ 10:50 am By JD Alois  |  

The state of North Carolina appears to be ready to get their own investment crowdfunding exemption. It has taken several attempts by advocates and certain legislators but it seems the stars finally aligned as the most recent initiative was approved by the North Carolina Senate…. Read More

June 20, 2016 @ 11:34 pm By JD Alois  |  

Earlier today (June 20, 2016) the North Carolina Senate passed legislation (SB 481) that would allow small North Carolina companies to raise up to $2 million from non-accredited and accredited investors.  The bill now marches over to the House Committee on Finance.  The bill is… Read More

December 15, 2015 @ 12:29 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform YouCaring announced “The 10 Most Compassionate Cities and States,” which highlights the areas of the U.S. that best demonstrate the spirit of helping others and giving back.YouCaring, which provides free crowdfunding for personal and charitable causes, such as medical expenses and… Read More

December 5, 2015 @ 11:25 am By Samantha Hurst  |  

Command Partners, a full-service digital marketing agency specializing in tech and startup companies, has just closed out another record quarter. Not only is the company growing with their many successful business ventures, they have also experienced internal growth with the addition of several new employees…. Read More

November 23, 2015 @ 11:16 am By Samantha Hurst  |  

On Monday, online marketplace for real estate investing, RealtyMogul,  announced a full capital stack transaction combining debt and equity with the successful purchase of a 112-unit apartment community, Bristol Park Apartments, in Fayetteville, NC. Bristol Park Apartments, located six miles southwest of the US Army Base… Read More

October 9, 2015 @ 9:40 am By JD Alois  |  

The North Carolina  JOBS/PACES Act, an investment crowdfunding bill, has died in committee as NC legislators ignored a bill that garnered the support of the Governor and advocates of the local economy. According to a report in WRAL TechWire; “this represents a huge missed opportunity… Read More

July 16, 2015 @ 9:35 am By Samantha Hurst  |  

FullCapitalStack, a QuietStream Financial portfolio company, has launched a $1.7 million preferred equity offering for the construction of 27 luxury townhomes in Charlotte’s upscale SouthPark neighborhood. The offering is one of the first Charlotte real estate projects to tap equity crowdfunding as part of its… Read More