Tagged: utah

Based in San Francisco, Fintech Brex is Latest Company to Expand in Utah

San Francisco Losing Fintech Lustre The Utah Governor’s Office of Economic Development (GOED) has announced that Fintech Brex will open its new location in the Salt Lake Valley. The new office is said to create up to 1,000 new jobs over the next seven years…. Read More

State of Utah Announces Regulatory Sandbox For Fintech Startups

State of Utah Department of Commerce announced earlier this month it is launching a regulatory sandbox specifically for fintech startups in the state. According to Francine A. Giani, Executive Director of the Utah Department of Commerce and Utah Representative Marc Roberts (R-Provo), the government service… Read More

SoFi to Lay Off 5% of Employees

Earlier this week, online lending platform SoFi announced to its employees that, despite its successes in 2017, it will be laying off 65 employees (5% of its 1,300 workforce) in its mortgage-operations centers in Healdsburg, California and Cottonwood Heights, Utah. According to the Wall Street Journal,… Read More

Utah Intrastate Crowdfunding Bill Slowly Endures Legislative Process

Utah, like a majority of the other states, is attempting to enact an instrastate crowdfunding exemption. The bill has been meandering between the House and the Senate since the beginning of the year. Co-sponsored by Representative Brian M. Greene and Senator Wayne A. Harper, the bill… Read More

Salt Lake City’s Blue Mountain Raises $3M on RealtyShares For Residential Property Development Fund

On Wednesday, RealtyShares announced real estate firm, Blue Mountain, has secured $3 million for a Salt Lake City residential property development fund. The real estate crowdfunding platform revealed Blue Mountain would purchase over 200 underperforming homes through the development fund, which is the fourth single-home fund that the… Read More

Lendio Reveals Top 10 Best States for Small Business Lending (Infographic)

Lendio, an online service that helps business owners find small business loans, announced on Friday its top 10 best states for small business lending. This list was created in celebration of National Small Business Week and is based on lending data from the platform, which… Read More

Brief: Health Insurance Reimbursement Company Zane Benefits Receives $1.5M in Equity Financing With Participation from Kickstart Seed Fund

Utah-based insurance reimbursement company, Zane Benefits, announced that it has closed a $1.5 million equity financing from existing investors, with participation from Kickstart Seed Fund and Royal Street Investment and Innovation Center. The equity round will provide funding to accelerate Zane’s rapid revenue growth and the… Read More

Kickstarter-Success Noke Receives 2015 CES Best of Innovations Award

Draper, Utah-based FŪZ Designs announced on Wednesday (November 12th) that it has been named a 2015 CES Best of Innovation Awards recipient for its product, Noke, which has been considered the world’s first bluetooth padlock. The award was revealed at Tuesday (November 11th) during the… Read More

University of Cambridge Reveals More Students Are Turning to GoFundMe For School Funding

With back to school season officially underway, students from University of Cambridge in the UK have taken a different approach of getting funds for their education. According to the Cambridge News, A growing number of prospective students are trying the crowdfunding platform, GoFundMe to run… Read More

Crowdfunding Considered For Lady Liberty Companion “Statue Of Responsibility” On West Coast

A brief history lesson: in the late 1800’s as the Statue of Liberty was being constructed in France, a group in the US was trying to find a way to fund and construct a pedestal for the new monument. That pedestal was essentially crowdfunded via… Read More

On Kickstarter: The COBURNS iPad Stand Is Exceedingly Simple, Over 3X Stated Goal

Think you need a world-changing idea to be successful in the world of crowdfunding? Think again. The COBURNS iPad stand is not world-changing. In fact, it is ridiculously simple. The minimalist iPad stands are made of exotic hardwoods, the lighter being a Bird’s eye Maple… Read More

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