Tagged: united states

U.S. Fintech Greenlight Secures $16 Million During Series A Funding Round; Announces New Strategic Partnerships

Greenlight Financial Technology, Inc., a Georgia-based fintech company that created a smart debit card for kids, teens, and college students, announced on Wednesday it secured $16 million during its latest Series A financing round, which was led by  TTV Capital with participation from existing investors, New Enterprise Associates Inc…. Read More

Chinese P2P Lender Senmiao Technology Announces Terms For Upcoming $14 Million IPO

Last week, Chinese peer-to-peer lending platform Senmiao Technology announces terms for its upcoming $14 million U.S. initial public offering (IPO).  Founded in 2014, Senmiao Technology offers director loans and assignment of loans to medium-size enterprise, borrowers, and creditors. According to Renaissance Capital, the online lender plans to… Read More

DCU FinTech Center Announces 2018 Winter Cohort

The DCU FinTech Innovation Center, which houses the largest concentration of fintech startups in New England, announced on Tuesday ten new seed-stage ventures in its latest Cohort. The Center stated it is fully funded by Digital Federal Credit Union, better known as DCU. The Center’s… 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

U.S. Payments Forum Elects 2018 Steering Committee & Recognizes Outstanding Contribution Members of 2017

The U.S. Payments Forum announced on Monday it has elected its 2018 Steering Committee. According to the organization, the Steering Committee manages the Forum and guides the priorities and plans of the organization and its working committees – ATM; Card-Not-Present Fraud; Communication and Education; Mobile and Contactless… Read More

Indiegogo to Trump Administration: DACA Matters to All of Us

Just a few months after the Trump Administration announced it was ending the Deferred Action for Childhood Arrivals (DACA) program, global crowdfunding platform Indiegogo revealed its support for the program. The funding portal revealed in a blog post last week: “A few months ago, President… Read More

Overbond Names George Harrington Head of U.S. Business Development

Overbond Ltd., a capital markets platform for primary bond origination and fixed income deal execution, announced on Tuesday it has appointed George Harrington as its Head of U.S. Business Development. According to Overbond, Harrington is a seasoned Debt Capital Markets professional, having held senior executive roles… Read More

Overfunding: Fullgreen Quickly Secures £500,000 Funding Target Through Fifth Crowdcube Campaign

Cauli Rice, under its new name Fullgreen, has successfully secured its initial £500,000 funding target through its fifth equity crowdfunding campaign on Crowdcube. The initiative was launched at the end of November. As previously reported, Fullgreen officially rebranded in October 2017 and expanded its offering to include other low-carb,… Read More

Cauli Rice Rebrands to Fullgreen & Launches Fifth Equity Crowdfunding Campaign on Crowdcube

Less than a year after securing more than 1.4 million through its fourth equity crowdfunding campaign on Crowdcube, Cauli Rice, under the name Fullgreen, has returned the funding portal for a fifth initiative, seeking 500,000. Fullgreen reported that it officially rebranded in October 2017 and expanded… Read More

Chinese Blockchain Startup Onchain Launches Platform in New York

Chinese blockchain startup Onchain announced on Thursday it has officially launched its Ontology platform in New York. The company held an event earlier this week, which attracted blockchain industry experts and investors. According to Onchain, the goal of the Ontology Network is to form an original… Read More

Overbond Announces Expansion in U.S. Multiplies Bond Issuance Opportunities

Overbond Ltd., an end-to-end Capital Markets platform for primary bond origination and fixed income deal execution, recently announced it has expanded real-time access to the Overbond Platform to all U.S. corporate issuers and institutional investors by extending key functionality via desktop and mobile applications for… Read More

Chinese Fintech Jianpu Sees Rise in Shares Following U.S. IPO Debut

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

Richard Cordray to Step Down as CFPB Director By the End of November

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), announced he would be stepping down from his position by the end of November. Prior to joining the Bureau, Cordray served as Ohio’s Attorney General and is notably the first director of the CFPB.  Cordray… Read More

YouCaring Launches First “State of Compassion” Report: Analyzes Geographic & Demographic Trends in U.S. Crowdfunding

On Thursday, crowdfunding platform YouCaring announced the release of its first State of Compassion report, which analyzes geographic and demographic trends in U.S. crowdfunding. The funding portal revealed that the report is based on the rigorous analysis of aggregated and anonymized data from nearly 350,000 of… Read More

Crowdcube Alum BrewDog Launches “Make Earth Great Again” Beer in Protest Against U.S.’s Withdrawal From the Paris Accord

Just a few months after President Donald Trump announced his intention to withdraw the U.S. from the Paris Climate Accord, crowdfunding success BrewDog launched a “Make Earth Great Again” beer in protest of the leader’s decision.  Make Earth Great Again is described as a saison… Read More

Blockchain Credit Bureau MicroMoney Announces Token Distribution Campaign Expansion in China & U.S.

Blockchain credit bureau MicroMoney announced over the weekend it is expanding its token distribution campaign into China and U.S. markets. This announcement comes just after the campaign generated $7.8 million. As previously reported, MicroMoney describes itself as a company that is focused on micro-financing in the… Read More

European Fintech N26 Announces U.S. Launch in 2018

N26, a digital-only challenger bank based in Germany, announced this week that it is planning to launch in the U.S. this upcoming year. The news comes less than two months after the company installed Mambu’s software to power its online banking service. According to TechCrunch, N26’s Co-Founder and… Read More

Root Insurance Expands Insurtech Platform in the U.S.

Car insurance company Root Insurance announced on Thursday it is expanding its services to drivers in Illinois, Utah, Oklahoma, and Indiana. Founded in 2015, the Ohio-based insurtech company claims to be the first insurance firm that was founded on the “principle of fundamental fairness.” It has… Read More

SBA Unveils New Lender Match Tool to Connect Small Businesses & Lenders

Last week, Administrator Linda McMahon, head of the U.S. Small Business Administration, announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), which was… Read More

AutoGravity Surpasses $1 Billion In Finance Amount Requested & Debuts Real-Time Dealership Inventory Nationwide

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, today announced on Wednesday it has reached $1 billion in finance amount requested on its platform.   The company revealed that more than 750,000 car shoppers have downloaded its app and collectively request over $1 billion in financing…. Read More