Tagged: united states

March 14, 2018 @ 2:27 pm By Samantha Hurst  |  

On Tuesday, online lender Funding Circle announced it was appointed Bernardo Martinez as its new U.S. managing director. He succeeds co-founder Sam Hodges, who is now to become Chairman of Funding Circle U.S. According to Funding Circle, Martinez joins the platform’s team from PayPal, where he… Read More

March 12, 2018 @ 12:04 pm By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday the closing of a $35 million senior credit facility with Ares Management. The company stated it has the ability to increase the senior credit facility… Read More

March 1, 2018 @ 3:00 pm By Samantha Hurst  |  

Validus Specialty Underwriting Services, Inc. (Validus Specialty) announced on Thursday a comprehensive package policy specifically designed for private U.S. fintech companies. According to the company, the solution is designed to address Fintech’s complex risk management needs, which are traditionally underserved by incompatible and inadequate policy forms. Speaking about… Read More

February 21, 2018 @ 9:00 am By Samantha Hurst  |  

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

February 8, 2018 @ 9:12 am By Samantha Hurst  |  

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

January 30, 2018 @ 9:39 am By Samantha Hurst  |  

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

January 23, 2018 @ 2:03 pm By Samantha Hurst  |  

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

January 15, 2018 @ 11:47 am By Samantha Hurst  |  

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

December 26, 2017 @ 12:38 pm By Samantha Hurst  |  

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

December 5, 2017 @ 1:19 pm By Samantha Hurst  |  

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

December 4, 2017 @ 7:40 am By Samantha Hurst  |  

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

December 1, 2017 @ 11:34 am By Samantha Hurst  |  

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

November 30, 2017 @ 2:57 pm By Samantha Hurst  |  

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

November 22, 2017 @ 10:46 am By Samantha Hurst  |  

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

November 17, 2017 @ 9:43 am By Samantha Hurst  |  

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

November 15, 2017 @ 12:41 pm By Samantha Hurst  |  

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

November 9, 2017 @ 11:14 am By Samantha Hurst  |  

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

November 2, 2017 @ 3:41 pm By Samantha Hurst  |  

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

October 30, 2017 @ 3:36 pm By Samantha Hurst  |  

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

October 27, 2017 @ 12:40 pm By Samantha Hurst  |  

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