Tagged: north carolina

Web3: Fluree Closes $10M Series A for Enhancing Data Management, Data Infrastructure

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

Durham Bulls Partner with Software and Payments Fintech SpotOn

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

Kadan Stadelmann: Komodo Blockchain CTO Says North Carolina Power Grid Attack Exposes Crypto Vulnerabilities

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

Bank of London Announces Investment in Charlotte, Will Create 350 New Jobs

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

Virtual Banking Service Provider Apiture Finalizes $29M Round

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 Acquires Mobile Savings Gamification Platform Long Game

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

Fintech Engage Fi Acquires Investment from Falfurrias Capital Partners

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

Fidelity Bank Upgrades Self-Service Network with Diebold ATMs

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

Wilmington based Fintech nCino Is Reportedly Planning to Make Strategic Investments including Hiring New Staff Members

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

North Carolina’s nCino and Sweden’s Small Business Lender Yourban to Launch Digital Banking Platform to Support SME Lending

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

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

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