Tagged: ohio

Financial Services Firm KeyBank Acquires Payments Platform XUP

KeyBank National Association has announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s tech supports simple, intuitive, client onboarding and “servicing experiences.” Its team of engineers has developed integrations with processors, 3rd party risk tools, customer relationship management systems, and other… Read More

BIT Mining Ltd, a Crypto Mining Firm, Extends Collaboration with Viking Data Centers

BIT Mining Limited (NYSE: BTCM), a technology-driven cryptocurrency mining firm, announced that it has “strengthened” its collaboration with Viking Data Centers, LLC. BIT Mining Ltd said it will increase its investment in the Ohio crypto mining data center, which is being developed with Viking Data… Read More

TradeStation Crypto Expansion: Now Providing Access to Traders in Minnesota, Mississippi, & Ohio

TradeStation, an online broker-dealer and futures commission merchant, announced on Thursday it is now providing access to its services to traders in Minnesota, Mississippi, and Ohio. Residents of these states may now be able to apply for an account on the TradeStation brokerage platform in… Read More

Banks Focus on Digital Transformation Strategy in Increasingly Competitive Industry

Last week it was reported that KeyCorp (NYSE:KEY) is planning to introduce a version of its digital banking platform to serve the needs of healthcare workers. The new digital bank solution may be rolled out on March 30, 2021, which is National Doctors’ Day. The… Read More

Insurtech: Bold Penguin, a Commercial Insurance Technology Firm, to Acquire xagent, an Excess and Surplus Brokerage Tech Platform

Bold Penguin, a commercial insurance technology (Insurtech) firm, is reportedly set to acquire xagent, an excess and surplus brokerage tech solution provider, so that it’s able to scale its services being offered to insurance carriers, brokers and agents. xagent says it will be integrating with… Read More

Ohio Suspends Bitcoin for Tax Payments Program, OhioCrypto.com

Robert Sprague, appointed as Ohio’s new Treasurer in January, has announced the suspension of OhioCrypto.com, the state’s cryptocurrency tax payments portal. The decision was reportedly made following standard due diligence reviews conducted by staff when Sprague took over from his predecessor, Josh Mandel. Mandel authorized… Read More

Ohio Crypto Tax Portal Has Few Takers So Far

Entrepreneurs and politicians in the American state of Ohio have embarked on several initiatives they hope will establish Ohio as a haven for businesses engaging with cryptocurrencies and cryptographic tokens. In December 2018, Ohio Congressman Warren Davidson and Florida Congressman Darren Soto introduced a bill into the… Read More

Prolific Romanian Cryptojackers, ID Thieves and Fraudsters Convicted in Ohio

Two of three Romanian cybercriminals who targeted American citizens and businesses from abroad in elaborate cybercrime schemes initiated in 2007 have been convicted in Ohio. Bogdan Nicolescu, 36, and Radu Miclaus, 37, will be sentenced August 14th after being found guilty of 21 counts of… Read More

Rambling House Ready-to-Drink Cocktails Surpasses Wefunder Minimum Target Goal

Ohio-based Rambling House Cocktails just surpassed its initial minimum target goal, having raised over $118,270 from more than 207 investors on its live Wefunder raise.  Pre-valued at $2M, the  small-craft soda company first product was a “healthier” craft ginger beer. “In 2017, we pivoted to spirits, bottling a… Read More

Update: Ohio Passes an Intrastate Crowdfunding Law That Dies in the Senate Before a Final Vote Can be Held

The state of Ohio approved crowdfunding legislation last month but then it died in the Senate, according to several sources. During an end of the year legislative blitz, the state of Ohio passed a law entitled “OhioInvests offerings” (SB 268) but at the last minute… Read More

Ohio’s Crypto Friendly Tax Portal Called “A PR Stunt”

Cleveland car dealer Bernie Moreno recently became the first businessperson in the entire US to pay company taxes in Bitcoin, thanks to the Ohio government’s new portal, “OhioCrypto.com,” where businesses can pay 23 different taxes in cryptocurrency, The Detroit Free Press (DFP) reports. “Digital currency and… Read More

Ohio is the Only State Where You Can Pay Your Taxes in Bitcoin

Today, Bitcoin is the most widely recognized and accepted crypto on the planet. While you can do a lot of things with BTC, there is one thing you cannot do: pay your taxes. That is until today. Starting this week, OhioCrypto has been launched by… Read More

Insurtech Root Announces Significant Expansion in Columbus, Ohio Plans

Root Insurance, an Ohio-based car insurtech company, announced on Tuesday it is planning to significantly expand its presence in Columbus. This news comes nearly two months after the company secured $51 million in funding through its Series C round, which was led by Redpoint Ventures, with Scale Venture Partners… Read More

Ohio Insurtech Root Insurance Update: Now Available in Four Additional States

Ohio insurtech Root Insurance announced on Tuesday it kicked off the new year by being available in four additional states. The company revealed it now offers insurance to nearly 30 million more drivers across Pennsylvania, Texas, Kentuc, y and Mississippi. Drivers in ten total states… Read More

BrewDog Breaks Ground For Indiegogo-Funded Craft Beer Hotel & Sour Beer Facility

Just six months after closing its Indiegogo campaign for the DogHouse hotel and sour beer facility, BrewDog announced it has broken ground for the two projects. The funding round secured $324,072 from 2158 backers for the buildings, which will be located at the brewery’s Ohio site…. Read More

BrewDog Offers U.S. Brewery Update: Brewers Now Brew Several Times A Week

Crowdfunded brewery BrewDog announced on Tuesday an update about its U.S. brewery, which is located near Columbus, Ohio. The Brewery, which is called DogTap, was opened in February. While sharing details about the brewery’s progress, BrewDog stated: “Our BrewDog USA team of brewers now brew several… Read More

Ohio Accelerator Fintech71 Reports: Gaining Global Momentum & Application Process is Now Underway

Fintech71, a cross-industry Ohio-based accelerator focused on financial technology, announced on Wednesday it is currently gaining global momentum and its application process is now underway. As previously reported, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and… Read More

BrewDog Completes Doghouse Hotel & Sour Beer Facility Indiegogo Campaign With Nearly $325,000 in Funding

UK-based brewery, BrewDog, has completed its reward-based crowdfunding campaign on Indiegogo and secured $324,072 from 2158 backers for its DogHouse homeland sour beer facility, which will be located at the brewery’s Ohio site. As previously reported, BrewDog stated the DogHouse is the first crowdfunded craft beer… Read More

CFPB Orders Servicemember Auto Lender SNAAC to Pay Refunds & Fines

Today, the Consumer Financial Protection Bureau (CFPB) took action against Security National Automotive Acceptance Company (SNAAC), an auto lender with headquarters in Ohio, specializing in loans to servicemembers, for violating a CFPB consent order. In 2015, the CFPB ordered SNAAC to pay penalties for illegal… Read More

KeyBank, Progressive, & Other Ohio Industry Giants Team Up To Launch New Global Fintech Accelerator

On Tuesday, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and Safelite announced the launch of their new global fintech accelerator program, Fintech71. JPMorgan Chase will also be lending its thought leadership and industry expertise to the… Read More

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