Tagged: texas

Founders Arena WealthTech Accelerator Announces First Cohort, Asks Wealth Managers to Participate in Research and Development Initiatives

The Founders Arena WealthTech Accelerator, in strategic partnership with First Rate, Inc., SEI and the City of Arlington announced its first cohort, selecting Charityvest, InvestSuite, Lumiant.io, Manifest, Sora Finance and Tax Status in order “to participate in its inaugural accelerator program in Arlington, Texas.” As… Read More

On-Demand Pay: Fintech DailyPay to Assist Freebirds World Burrito with Improving Employee Experience

Freebirds World Burrito, home of Texas’ “No. 1” Burrito, has partnered with DailyPay– the provider of on-demand pay. As a “best-in-class” employer, Freebirds World Burrito continues “to improve its employee benefits package in an effort to prioritize employee happiness, adding the financial wellness benefit of… Read More

Digital Transformation: True Digital Group Partners with Texas Bankers Association

True Digital Group, provider of the industry’s first digital vendor optimization network that supports banks in their discovery, diligence, implementation, and monitoring of technology vendors, announced a strategic partnership with the Texas Bankers Association (TBA). The True Digital Platform, available to TBA bank members, “will… Read More

Earnix, a Provider of Pricing and Rating Solutions for Banks, Opens Office in Texas

Earnix, the global provider of intelligent, composable, SaaS solutions for insurers and banks,  announced its new office in Texas. Set among industry giants like Toyota and Liberty Mutual, the new facility “affords regional employees and customers – as well as customers and prospects in the… Read More

Texas Introduces New Legislation for Crypto Firms Addressing Comingling of Funds, Proof of Assets

The state of Texas has introduced new legislation targeting digital asset providers. The bill relates to the “comingling of funds” by crypto platforms. As one would anticipate, the language of the bill requires digital asset platforms not to mix customer funds with those belonging to… Read More

Biometric Identity, Payments Platform Wink Expands Seed Round With Additional $3M in Funding

Wink, a Texas and California based, biometric identity and payments platform, is pleased to announce that it has received an additional $3M million of seed investment. This seed equity round “follows the $2.85 million previously raised in a pre-seed round in 2021-22.” The additional financing… Read More

Austin based Ribbon Finalizes $2.7M in VC Funding

Ribbon announced it has closed $2.7 million in venture capital funding “to enable the Austin-based startup to roll out its unique fiscal sponsorship model for the burgeoning nonprofit industry.” The company’s fiscal sponsorship model “allows individuals looking to conduct charitable work to partner with existing… Read More

Bitcoin Mining Operations Launched by Cipher Mining at Odessa Data Center in Texas

Cipher Mining, Inc. (Nasdaq: CIFR), a U.S.-based bitcoin mining company, recently announced it has commenced bitcoin mining operations at its Odessa data center in Texas. Tyler Page, CEO, said: “We are delighted to announce that our Odessa data center has begun bitcoin mining operations just… Read More

Fintech Startup Uplinq Financial Technologies Announces $1.25M Investment

Uplinq Financial Technologies – which claims to be the first global credit assessment and scoring platform for SMB lenders – announced: “a $1.25 million investment from ATX Venture Partners, an early-stage venture capital firm based in Austin, Texas.” This announcement “comes after Uplinq raised $3.5… Read More

Digital Asset Firm FTX Is Reportedly Being Investigated by Texas Regulators

Regulators in Texas are reportedly probing cryptocurrency platform FTX and company CEO Sam Bankman-Fried. The state securities regulator is looking into whether FTX has offered unregistered securities to Texas residents, which could potentially be a violation of state law. According to reports, Texas’ securities regulator… Read More

Germania Selects One Inc to Provide Insurance Payments via Venmo, PayPal

One Inc, the payments network for the insurance industry, announced that Germania Insurance, the largest farm mutual insurance company in Texas, has selected One Inc’s ClaimsPay and PremiumPay products “for a fully integrated and digitized customer payment disbursement experience.” The implementation will “create a more… Read More

Republic Capital Group Invests in Wealth Management Center

Republic Capital Group recently announced its partnership with the University of Texas by committing to financial support “for multiple years as part of joining its Wealth Management Network.” The Network supports its Wealth Management Center that “focuses on changing the way investment is being made… 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

Qenta Unveils Financial Services, Tech Platforms for Emerging Markets

Qenta, Inc., a financial services and infrastructure platform with innovative tech and a proprietary “enterprise-grade” blockchain, the Qenta Operating System, has unveiled an enhanced and integrated suite of financial solutions. With a focus on Latin America, Asia Pacific, and Europe, Qenta provides tokenized assets, multi… Read More

Talus Pay Appoints Payments Executive Bryan Fricke as Chief Revenue Officer

Talus Pay, which claims to be a fast-growing tech-driven provider of payment processing solutions for small and mid-sized merchants, is pleased to confirm that payments industry veteran Bryan Fricke has joined the firm as Chief Revenue Officer. Fricke will be “responsible for the performance, strategy… Read More

Truelytics, Blackrock to Bring “Unique” Data and Analytics to Financial Advisors

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Truelytics recently teamed up with BlackRock (NYSE:BLK) to offer advisors “access to data, analytics, and insights to manage and grow their practices.” Financial advisors need access to the most “accurate, timely, and insightful tools for helping manage their practice and improve their valuation.” To that… Read More

Compute North Establishes New 300MW Data Center in Granbury, Texas

Compute North, which claims to be the leader in sustainable, large-scale computing infrastructure, has announced that construction is underway “to build a 300MW TIER 0™ data center next to the Wolf Hollow Generating Station in Granbury, Texas.” As covered, Compute North works with clients in… Read More

Frost Bank Teams Up with Fintech Plaid to Bring Open Finance Solutions to Almost 400,000 Clients

Frost Bank, which is one of the largest banks based in Texas, has partnered with Plaid, a data network powering the digital financial ecosystem, in order to help Frost clients “securely and easily integrate their accounts and finances online.” Via its mobile app and online… Read More

Bitcoin Mining, Hashrate Report: Percent Decrease in Mining Profitability Is Slowing when Measured in Satoshis

Recently, network difficulty on the Bitcoin (BTC) network surged around 4.8% as total hashrate (or the amount of computing power securing the leading cryptocurrency network) exceeded 200 EH/s for the “first time ever.” The team at Compass Mining noted that “breaking through mining profitability’s gloomy… Read More

PAI, a Firm Focused on ATM Portfolio Management Services, Acquires Texas based TouchPoint 21

PAI, a company focused on ATM portfolio management tools and services, announced that it has acquired Texas-based TouchPoint 21, a firm specializing in ATM and cash management outsourcing for financial institutions. As mentioned in the update, the acquisition brings a proven managed service model to… Read More

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