Tagged: north carolina

Queen City Fintech Announces Class 9 of the Accelerator Program

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

U.S. Fintech Even Opens New East Coast Headquarters In North Carolina After Securing More Than $40 Million in Series B Funding

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

North Carolina Disallows Cryptocurrency Campaign Contributions

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

North Carolina Legislature Adds Virtual Currency Language to Money Transmitters Act Bill

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

Ally Financial Set to Open New Innovation Hub in North Carolina

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

New Investment Crowdfunding Platform Launches in North Carolina as Full Stack Platform Including Intrastate NC PACES Act

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

Accelerator Queen City Fintech Announces Inaugural Fall Cohort

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

Zenmonics Teams Up With Queen City Fintech To Drive Fintech Innovation in Charlotte

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

Charlotte Fintech Firm AvidXchange Announces Partnership with Mastercard and Capital Raise of $300M

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

No April Fools: North Carolina Crowdfunding Law Kicks in on April 1st

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

Democratic Party Supporters Secure Funds on GoFundMe For Firebombed Republican North Carolina Office

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

RealtyShares Secures $800,000 For North Carolina Retail Center Purchase

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

Ratified! North Carolina will Finally Get a Crowdfunding Exemption

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

Once Again, North Carolina Pursues Crowdfunding Legislation

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

YouCaring Announces “10 Most Compassionate Compassionate Cities And States” & Service Promise to Users

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

Command Partners Continues Growth in 2015 Third Quarter; Named One of the 50 Fastest Growing Private Companies in Charlotte

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

RealtyMogul Completes “Industry Breakthrough” Full Capital Stack Debt and Equity Combo

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

Denied: North Carolina Fails to Pass Investment Crowdfunding Legislation. Again.

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

FullCapitalStack Launches $1.7M Equity Offering for Charlotte Townhomes

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

God Loves Gays National Billboard Campaign Project Seeks $20,000 on YouCaring to Bring Billboards to 20 States

In an effort to end hate crimes and violence against the LGBTQ community, the “God Loves Gays National Billboard Campaign” project has been launched on YouCaring to raise $20,000 to post billboards in 20 states. Last year, the creator of the God Twitter and Facebook page… Read More

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