Tagged: u.s.

April 16, 2020 @ 8:39 am By Samantha Hurst  |  

OpenInvest, a U.S.-based investing platform, announced on Thursday it secured $10.5 million through its Series A1 funding round, which was led by QED Investors with participation from SystemIQ, Resolute Investment Managers,and ABN AMRO Ventures. The latest found of funding comes less than two years after… Read More

April 15, 2020 @ 12:42 pm By Samantha Hurst  |  

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, announced on Wednesday it has received approval to issue Paycheck Protection Program (PPP) loans through its online lending platform. As previously reported, the PPP is part of… Read More

April 14, 2020 @ 3:42 pm By Samantha Hurst  |  

Ternio, a U.S.-based blockchain firm, announced on Tuesday the introduction of the rewards program on BlockCard. According to Ternio, BlockCard users will be entitled to earn 6.38% back in cryptocurrency on all BlockCard purchases. As previously reported, BlockCard is a debit card that enables the… Read More

April 14, 2020 @ 8:52 am By Samantha Hurst  |  

Cerebro Capital, a U.S.-based digital commercial loan marketplace, announced on Tuesday it received additional venture capital funding through its latest investment round, which was co-led by Ulu Ventures and Grotech Ventures with participation from Sterling Partners, Inner Loop Capital, and Point Field Partners. Launched in 2017, Cerebro describes itself as… Read More

April 13, 2020 @ 2:12 pm By Samantha Hurst  |  

Just weeks after Binance listed Tezos (XTZ) on its U.S.-based division Binance.US, the cryptocurrency exchange announced Binance.US will be launching staking rewards for Tezos on Thursday, April 16th.  As previously reported, Binance.US is supporting trading for the XTZ/USD and XTZ/Binance USD (BUSD) trading pairs and… Read More

April 13, 2020 @ 7:46 am By Samantha Hurst  |  

Customers Bank (NYSE:CUBI) announced on Friday it has increased its Paycheck Protection Program commitment to $500 million by using digital banking OakNorth to help support American small and medium-sized businesses during the coronavirus (COVID-19) pandemic.  As previously reported, the Paycheck Protection Program is part of… Read More

April 10, 2020 @ 9:02 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced earlier this week it has expanded its partnership with property data platform Cape Analytics to improve its online insurance experience with predictive property insights. Through the partnership, Cape Analytics is reportedly providing Kin with the most comprehensive, timely, and… Read More

April 10, 2020 @ 4:40 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Friday its Biz2X platform is now being offered free of charge to banks and credit unions with assets under $10 billion that are offering CARES Act Paycheck Protection Program (PPP) loans. As previously reported, the Biz2X platform enables… Read More

April 10, 2020 @ 8:50 am By Samantha Hurst  |  

MoonPay, a U.S. fintech company that builds develop tools for fiat-to-crypto connectivity, announced on Thursday it has appointed Nils Puhlmann as its new security advisor. According to his Linkedin profile, Puhlmann has held various positions in the cybersecurity industry, including being named Chief Trust and … Read More

April 9, 2020 @ 2:50 pm By Samantha Hurst  |  

UK-based challenger bank Monzo is reportedly set to shut down its customer support office in Las Vegas. As previously reported, the company announced the launch of the office in the summer of 2018. The customer support team was created to help Monzo scale its customer service… Read More

April 8, 2020 @ 11:36 am By Samantha Hurst  |  

Sila, a U.S.-based banking and payments API platform, announced on Wednesday it secured $7.7 million through its seed funding round, which was co-led by venture capital firms Madrona Venture Group and Oregon Venture Fund, with participation from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, as… Read More

April 8, 2020 @ 11:25 am By Samantha Hurst  |  

Corvus Insurance, a U.S.-based insurtech startup, announced on Wednesday it is now providing cyber risk analysis and reports for hospitals, healthcare entities or any organization on the frontlines of the healthcare response to the COVID-19 pandemic. The company reported that The Corvus initiative, which is… Read More

April 7, 2020 @ 11:31 am By Samantha Hurst  |  

Biz2Credit announced on Tuesday the release of its latest Business Lending Index revealed that small business approval rate plummeted in March 2020. According to the Index, The approval percentage for small business loan applications at big banks ($10 billion+ in assets) plummeted to just 15.4%… Read More

April 6, 2020 @ 11:31 am By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE: FCH) announced on Friday it launched a pre-application system for small business owners interested in funds from the Paycheck Protection Program, which is offered by the U.S. Department of Treasury and Small Business Administration (SBA). Paycheck Protection Program (PPP)… Read More

April 6, 2020 @ 9:25 am By Samantha Hurst  |  

Online lending platform Lendio recently announced it has launched an application for small businesses to access the $349 billion in government funds set aside for the Paycheck Protection Program (PPP). Lendio reported that the Paycheck Protection Program is part of the $2 trillion CARES Act… Read More

April 3, 2020 @ 3:57 pm By Samantha Hurst  |  

The U.S. Federal Bureau of Investigation (FBI) reportedly arrested Russian rapper Maxim Boyko for cryptocurrency laundering. According to the Moscow Times, Boyok was arrested at a Miami condo this past weekend. The Affidavit submitted to support Boyko’s arrest revealed that the rapper “knowingly and intentionally conspire… Read More

April 1, 2020 @ 2:53 pm By Samantha Hurst  |  

U.S.-based fintech Dwolla announced on Tuesday it has appointed former PayScape President, Brady Harris, as its new CEO. According to Dwolla, Harris brings nearly 20 years of leadership in the payments and fintech space. Dwolla claims that during his time at PayScape, Harris had a… Read More

April 1, 2020 @ 2:40 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Tuesday it is planning to hire up to 200 full-time small business loan agents to help meet the demand for emergency capital during the COVID-19. Lendio reported that with the recent passing of the CARES Act and the inclusions… Read More

April 1, 2020 @ 10:56 am By Samantha Hurst  |  

Tavant, a U.S.-based AI-powered digital technologies provider, announced on Wednesday the launch of its new proptech business. Tavant claims that the platform implifies the home shopping and buying process and the company has leveraged its years of experience in Fintech, Digital Transformation, AI and Machine… Read More

March 30, 2020 @ 4:53 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Monday the launch of Biz2X Accelerate SBA, a platform that enables banks and other financial institutions to efficiently respond to the influx of loan requests from small businesses seeking to take advantage of the Paycheck Protection Program (PPP)… Read More