Tagged: pennsylvania

P2P Lender SoLo Funds Settles with Pennsylvania Over Allegations of “Illegal Tip and Donation Scheme”

SoLo Funds, a peer to peer lender, has settled allegations brought by the Attorney General of Pennsylvania. In a public statement, the AG claimed that Solo Funds “deceptively led borrowers to belive they were receiving interest free loans.” Allegedly, the loans actually incorporated “outrageously inflated… Read More

Meridian Bank, Fintech Corserv to Launch a Business Credit Card Program

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a credit card program with Pennsylvania-based Meridian Bank in order “to serve their business and commercial customers.” Meridian Bank is “a $2 billion full service commercial bank, founded in 2004 and headquartered… Read More

BIGG Digital Assets Subsidiary Netcoins Launches in the US

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report… Read More

Huntingdon Valley Bank to Access Up to $100M of DeFi Funding via MakerDAO

MakerDAO, the “longest-standing” DeFi lending protocol and creator of DAI, the “original,” decentralized stablecoin, announced that Huntingdon Valley Bank (HVB) has been “approved to utilize a $100M participation facility, funded by a Maker Vault.” Through this development, HVB, a Pennsylvania Chartered Bank founded in 1871… Read More

Pennsylvania-based Fintech KnowLedger to Facilitate Migration of Financial Data for Family Offices

Pennsylvania-headquartered Fintech KnowLedger has confirmed that it will facilitate the migration of financial data for family offices. KnowLedger was recently established by Ryan Kerry, the firm’s co-founder and CEO, after the acquisition of his previous company, Accusource to STP Investment Services. Kerry stated: “If you… Read More

Trillion Dollar Asset Manager Vanguard Now Offering Zero-Fee Online Stock and Options Trading

Pennsylvania-based Vanguard, a registered investment advisor with over $5.3 trillion in assets under management, announced on January 2 that it will be introducing zero-fee online stock and options trading to all Vanguard Brokerage clients. As mentioned in a release, this expands Vanguard Brokerage’s commission-free platform… Read More

Pennsylvania Regulator: Crypto Exchanges and ATMs Not Money Transmitters

The Pennsylvania Department of Banking and Securities (DoBS) published guidance today exempting cryptocurrency exchanges and crypto ATM businesses from having to register in the state as money-transmission businesses. According to Grimes Law, licensing as a money transmitter in Pennsylvania requires a Surety Bond of $1 million… Read More

PALMco Revives Commitment to Science Education by Funding Local Teachers’ Projects Through DonorsChoose

PALMco, a family owned and operated energy supply company, announced today its third annual commitment to funding environmental science projects in partnership with DonorsChoose, a non-profit crowdfunding platform where teachers can request classroom resources. By partnering with the DonorsChoose.org “Double Your Impact” initiative, qualified projects in… Read More

Irish-American Music Group Solas Celebrates 20th Anniversary By Launching a Kickstarter Campaign For New Album

In celebration of their 20th anniversary, the bandmates of Solas have debuted a crowdfunding campaign on Kickstarter to bring back past and present members to create a new studio album. Solas is the quintessential Irish-American band that plays Irish traditional music as well as original compositions, sometimes demonstrating an… Read More

Creator of Kickstarter-Success KitRex Turns to Crowdfunding Again For New 3D Dino Project

Last spring, Lehigh Valley, PA artist, Lisa Glover, hit Kickstarter for her project, KitRex. She used custom-made steel die to cut the complex dinosaur shapes out of Bristol board to make the kits. Originally setting out to raise $8,000, Glover and her dinos took home over $100,000 thanks… Read More

University of Pittsburgh Launches New Crowdfunding Platform For Student & Faculty Projects

Ready to give students and faculty a place to fund projects, the University of Pittsburgh has launched a crowdfunding platform dedicated to those apart of the panther family. According to Pittsburgh Business Times, EngagePitt allows donors to contribute to campaigns that are created and ran by… Read More

PALMco Intensifies Local Commitment; Raises Funds to Support Over 11,600 Students Thanks to DonorsChoose Partnership

PALMco, a family owned and operated energy supply company, announced today that it has successfully raised an additional $25,000 for environmental science classroom projects through DonorsChoose, a non-profit crowdfunding platform where teachers can request classroom resources ranging from printer paper to educational magazine subscriptions. The combined… Read More

PALMco Expands Commitment to Local Communities by Partnering With DonorsChoose.org to Fund Teachers’ Projects

Today, PALMco, a family owned and operated energy supply company, announced a recommitment to funding environmental science projects in partnership with DonorsChoose.org, a non-profit crowdfunding platform where teachers can request classroom resources. As part of the DonorsChoose.org “Double Your Impact” initiative, PALMco will fund 50% of qualified… Read More

Real Estate Crowdfunding Platform American Homeowner Preservation Sells Abandoned Homes

American Homeowner Preservation, AHP, is rebuilding communities devastated by the foreclosure crisis, and August proved to be a successful month for the company as it sold vacant, abandoned properties spanning across nine states. In the last 30 days, AHP has found new owners for vacant properties… Read More

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