Tagged: united states

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

Hyundai Capital America Forms New Partnership With AutoGravity

Hyundai Capital America announced on Wednesday it has joined the AutoGravity car shopping and financing platform. Beginning in the state of California, financing through Hyundai Capital America will now be accessible to AutoGravity’s users searching for financing for a Hyundai, Kia or Genesis. Ross Williams, President and CEO… Read More

Indiegogo Co-Founder Slava Rubin Talks Equity Crowdfunding Platform’s Slow Start: “It’s So New that So Few People Know About This” (Video)

Less than one year after Indiegogo teamed up with MicroVentures to launch its equity crowdfunding platform, co-founder of the global funding portal, Slava Rubin, sat down with Fortune to discuss equity offerings As previously reported, Indiegogo launched the new equity portal with MicroVentures on November… Read More

Funding Circle Revamp: Online Lender Announces New Look & Feel to Platform

On Thursday, online lender Funding Circle announced it is revamping its platform by offering a new look and feel. The lending portal also announced its new motto, Made to Do More. It was revealed: “Since  2010, we’ve been proudly helping small businesses (32,000 and counting!)… Read More

CreditEase Wealth Management Receives SEC Registered Investment Advisor Approval

CreditEase Wealth Management announced on Thursday it has recently been approved by the U.S. Securities and Exchange Commission (SEC) to become a registered investment advisor (RIA). The firm may now provide advice to investors in the U.S. Speaking about the RIA process, Dr. Fan Gal,… Read More

Fintech Firm investFeed Ditches Equities for Cryptocurrency

investFeed, a community-powered stock trading network, announced on Thursday that it is making the ambitious move to drop U.S. equities from its platform and to replace them with digital currencies. The New York-based firm, which launched in 2014, revealed it made the decision to pivot… Read More

Funding Circle Expands in the U.S. By Appointing New CCO & Head of Capital Markets

Online lender for SMEs, Funding Circle, announced this week it expanded its U.S. leadership team by appointing Joanna Karger as U.S. Head of Capital Markets and Richard Stephenson as U.S. Chief Compliance Officer. Karger, who notably has 30 years of experience working in capital markets,… Read More

Lice Clinics of America Launches Reg CF Campaign on StartEngine

Lice Clinics of America,  a large lice treatment products, and services company, announced the launch of its Title III Regulation Crowdfunding Campaign (Reg CF) on StartEngine.  The funding round will allow accredited and non-accredited investors to purchase equity in the company. Lice Clinics of America… Read More

China Rapid Finance Unveils Full Exercise of Underwriters’ Option For the Purchase of Additional ADSs

On Thursday, peer-to-peer lender China Rapid Finance (NYSE: XRF) that the underwriters of its previously announced initial public offering (IPO) have exercised in full the option to purchase an additional 1.5 million American depositary shares (“ADSs”) from China Rapid Finance to cover over-allotments. According to… Read More

Biz2Credit Names New York City The 2017 Best Small Business City in America

Biz2Credit announced on Tuesday it named New York City the 2017 Best Small Business City in America. According to the company, this vote was based on a weighted average that includes annual revenue, credit score, age of business (in months), and a BizAnalyzer score that factors in cash… 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

Overfunding: BrewDog’s DogHouse Hotel & Sour Beer Facility Quickly Secures $75,000 Funding Target on Indiegogo

Just days after launching its reward-based crowdfunding campaign on Indiegogo for its Doghouse Craft Beer Hotel and Sour Beer Facility at its Columbus, Ohio location, UK-based brewery BrewDog has successfully secured its $75,000 funding target and is nearing $100,000 thanks to more than 575 backers. As… Read More

BrewDog Launches Indiegogo Campaign For Doghouse Craft Beer Hotel & Sour Beer Facility in Columbus

A little over a week after opening its taphouse in the Columbus, Ohio area, UK-based brewery BrewDog has launched a reward-based crowdfunding campaign on Indiegogo to raise a minimum of $75,000 for its Doghouse Craft Beer Hotel and Sour Beer Facility. The brewing company has raised over… Read More

Funding Circle Receives Additional $100 Million From CIM Through U.S. Business Multi-Year Agreement

SME lender Funding Circle announced on Wednesday that Community Investment Management (CIM), an investment firm focused on marketplace lending, will finance an additional $100 million in loans to businesses originated through Funding Circle in the U.S. According to the online lending platform, the multi-year agreement… Read More

Kickstarter Joins Amicus Brief to Stand Up For America’s Welcoming Immigrants Tradition

Kickstarter announced on Monday it has joined an amicus brief, alongside nearly 100 American companies, to stand up for America’s welcoming immigrant traditions. According to Kickstarter, the brief reads: “Immigrants make many of the Nation’s greatest discoveries, and create some of the country’s most innovative and… Read More

SoFi Makes Debut on “The Ellen Show” (Video)

  Last week, SoFi, one of the largest online lenders in the US, made a special appearance on the hit talk show The Ellen Show and offered the audience a bit of a surprise. As previously reported, SoFi describes itself as a “modern finance company.” Its mission has… Read More

Can the U.S. & Europe Keep Up with Asia in Fintech Investments?

Accenture recently highlighted that Fintech investments in the Asia-Pacific region have accelerated over the past six years, growing from $103 million in 2010 to nearly $10.5 billion by the end of September 2016. Fintech investments in Asia are outpacing those in Europe and the U.S…. Read More

Brief: Kickstarter Launches New Collection of Political Creations Called “Election Issues”

With the 2016 U.S. Presidential Election nearing its final weeks, crowdfunding platform Kickstarter announced the launch of its Election Issues, which is described as a collection of political creations that are to spark conversation and action. The Kickstarter team stated: “Elections aren’t just about the… Read More