Capital One Financial Corporation (COF), a major US-based bank holding company focused on offering credit cards, auto loans, banking, and savings accounts, is preparing to close down 37 of its physical branch locations across the country. The company notes in a press release that the… Read More
Blackboard Insurance, a NY-based insurtech platform, recently announced it has received the approval for its commercial insurance package in Virginia. According to Blackboard, the approval will bring capabilities to middle-market customers in 47 states and territories. Speaking about the approval, Seraina Macia, CEO of Blackboard,… Read More
Financing military veteran-owned small businesses lender StreetShares announced on Tuesday it has relocated its Virginia headquarters in order to accommodate the growth of its team. The lending platform’s headquarters will now be located at 1900 Campus Commons Drive #200 in Reston, Virginia. Founded in 2013, StreetShares describes itself as America’s… Read More
On Monday, crowdfunding platform GoFundMe announced it has removed multiple campaigns that were dedicated to James Fields, the man who has been accused of driving his through a group of counter-protesters at the “Unite for Right” rally held in Charlottesville, Virginia this past weekend. Speaking… Read More
Attorney General Mark R. Herring announced that Virginia consumers will be receiving $15.335 million in restitution and debt relief as part of a settlement to resolve claims that CashCall, Inc. and its president and CEO J. Paul Reddam illegally deceived borrowers and collected illegal interest of up… Read More
On Tuesday, real estate crowdfunding platform EarlyShares announced that it has closed its latest real estate investment opportunity from RPS Hotel Holdings, LLC, which generated over $3.1 million. According to the funding portal, the offering was for the recapitalization and renovation of a 90-room Courtyard Marriott… Read More
Virginia’s House of Delegates on Monday passed Del. Scott Taylor’s crowdfunding bill, which creates an exemption from some of stipulations of the Securities Act for businesses in Virginia raising money from investors in the Commonwealth, reports the Augusta Free Press. Crowdfund Insider also featured the… Read More
Potential rules guiding investment crowdfunding will go to the full House for a vote in Virginia next week. The legislation has been released by the Commerce and Labor Committee and will now take the next step towards becoming law. The bill was sponsored by Del…. Read More
During this past summer, Escondido, California-based Stone Brewing Company hit Indiegogo to raise $1,000,000 for expansion of its amazing beer. During its run, from July 19th to August 29th, the project raised $2,531,775 through nearly 14,000 backers. Not only did it become extremely successful, the… Read More
Chesapeake, Va.-based MakerMex has launched a crowdfunding campaign on Kickstarter to raise funds to manufacture its versatile and innovative 3D printer, The MM1 modular 3D printing system. The MM1 is capable of printing single extrusion, dual extrusion and paste extrusion and will print a wide variety of… Read More
On Wednesday (September 17th), hit rock band Foo Fighters took to the stage to perform in Richmond, Virginia for the first time since 1998. Now crowdfunding platform, Tilt, is sharing some details about the highly anticipated event. As previously reported, creative director and die hard fan,… Read More
Just a few months after a crowdfunding campaign on Crowdtilt raised nearly $70,000 to bring Foo Fights to Richmond, Virginia, the famous rock band announced on Twitter the date of the highly anticipated concert on Wednesday (September 3rd). As previously reported, freelance creative director and… Read More
There are two types of people, generally… those who like the Foo Fighters and those that are no fun. The band is led by frontman and former Nirvana drummer Dave Grohl. They’ve released numerous #1 hits, toured the world and are said to put on… Read More
Fundrise has slowly but surely been expanding their ability to offer shares of real estate-backed securities to non-accredited investors. The equity crowdfunding platform has just crossed a major hurdle in that fight, and it could spell a big opportunity for Maryland’s Main Street investor class…. Read More
Wealth Forge Holdings provides crowdfunding infrastructure, compliance for emerging crowdfunding Industry. The Center for Innovative Technology (CIT) – a non profit corporation which makes seed stage equity investments – has announced that its CIT GAP Funds has closed an investment in WealthForge Holdings, a Richmond,… Read More
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