North Carolina Governor Roy Cooper has vetoed House Bill 690 (HB 690), which sought to prohibit the state from using or participating in the testing of central bank digital currencies (CBDCs) conducted by the Federal Reserve, according to reports. The bill, titled “An act to… Read More
Fluree, a company headquartered in Winston-Salem, North Carolina, which has developed a graph ledger database and data pipeline toolset for trusted-, interoperable-, secure-data management and sharing, announced it has closed a $10 million Series A funding round led by SineWave Ventures. Eve Atlas, Augment Ventures,… Read More
The Durham Bulls recently announced they are partnering with SpotOn as the food and beverage point of sale system for Bull City Hospitality, the exclusive food service provider of the Bulls. Durham Bulls Director of Food and Beverage Dave Levey said: “We are very excited… Read More
Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional and Komodo Platform’s chief technology officer. Komodo is described as “an open, composable blockchain platform.” With a multi-chain design, Komodo is focused on “providing fully composable blockchain solutions for independent developers,… Read More
The Bank of London, which claims to be the first “purpose-built” global clearing, agency, and transaction bank, recently announced its intention to expand its United States footprint by “opening its US Global Platform & Services headquarters in Charlotte, North Carolina, creating 350 new jobs by… Read More
Apiture, which claims to be a “leading” provider of digital banking solutions, announced the closing of a $29 million fundraising round which was led by Live Oak Bank, with participation from other existing investors. The latest investment round “brings the total funding raised by Apiture… Read More
Truist Financial Corporation (NYSE: TFC) recently announced it has now acquired Long Game, the gamified finance mobile app that is “changing the way people save, learn and engage with their finances.” As mentioned in the update, Long Game transforms how users “engage with their bank… Read More
Banking services Fintech Engage Fi is the latest local firm (in Tampa) to acquire out-of-state funding. Engage Fi co-founders Jenn Addabbo and James Guild introduced their banking services technology business back in 2014. The firm has reportedly acquired one of the first investments from an $850… Read More
Diebold Nixdorf (NYSE: DBD), an international leader in supporting connected commerce for the banking and retail sectors, reveals that Fidelity Bank will be replacing its self-service network with DN SeriesTM ATMs, updating to the latest technology. As mentioned in a release, the new Windows 10… Read More
Pierre Naude, CEO at nCino (NASDAQ:NCNO), a Wilmington, North Carolina based Fintech firm that offers a Cloud banking platform built on the Salesforce platform, says his company will invest in various opportunities as the COVID-19 pandemic accelerates the shift towards all-digital platforms and services. Naude… Read More
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
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
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
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
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 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
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
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, 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-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
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