Tagged: washington

June 26, 2023 @ 3:36 pm By Omar Faridi  |  

The Financial Technology Association (FTA) welcomed Pipe as its newest member. Pipe claims it is “the modern capital platform, built to connect entrepreneurs, and small and mid-size business owners to fast, frictionless, dilution-free financing, helping them scale and operate on their terms.” Penny Lee, President… Read More

December 22, 2021 @ 10:26 pm By Omar Faridi  |  

AI-powered credit decision platform provider, Scienaptic AI announced that Numerica Credit Union is live on its platform. The implementation will “facilitate advanced and faster credit decisions for the credit union and enhance member experience,” according to a release. With roots dating back to 1937, Numerica… Read More

July 9, 2019 @ 11:42 am By Samantha Hurst  |  

Velocity Markets, a company that provides technology solutions to investors in the digital asset markets, announced on Tuesday the launch of its new digital asset platform, ShortHop, in Washington, California, and Illinois.  According to Velocity Markets, users are currently able to acquire and trade BTC,… Read More

May 13, 2018 @ 5:26 pm By JD Alois  |  

Two recent filings with the Securities and Exchange Commission (SEC) have provided some insight into the progress of Fundrise’s eFunds. Last year, Fundrise launched two eFunds – both targeting “For Sale Housing” in two different markets: Washington, DC and Los Angeles. These new funds were… Read More

April 12, 2018 @ 11:21 am By Erin Hobey  |  

Coinsource, claiming the world’s largest Bitcoin ATM network title, will expand into the Washington, D.C. metropolitan area. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps follows a successful… Read More

February 25, 2018 @ 3:04 pm By Xinran Xu  |  

The global blockchain community gathered in Washington DC, the world’s policy and innovation center, on February 20th for the Digital Asset Investment Forum (DAIF) hosted by FinTech4Good. This was the second forum of DAIF global series in the year of 2018, serving as the launch… Read More

July 6, 2016 @ 5:34 pm By JD Alois  |  

The State of Washington has adopted rules requiring companies raising capital under Reg CF to submit notice filings, along with a fee, if the company’s principle place of business is the state of Washington.  The rule also requires a notice filing if over 50% of… Read More

May 27, 2016 @ 9:26 am By Samantha Hurst  |  

On Thursday, Seattle’s Inspirus Credit Union announced it has donated a total of $30,944 to Spokane-area classrooms in a surprise 100 percent “flash fund” of teachers’ school-supply requests posted on the crowdfunding platform, DonorsChoose. The credit union revealed that 2,943 students and 34 teachers will benefit from the… Read More

May 6, 2016 @ 8:34 am By Samantha Hurst  |  

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

November 6, 2015 @ 2:11 pm By JD Alois  |  

Investment crowdfunding platform SeedInvest has responded to proposed rules the state of Washington has hoisted up the securities regulation flag pole regarding Regulation A+.  In brief, SeedInvest wants to to “Save Regulation A”, according to a post on their blog. As enacted under Title IV… Read More

October 20, 2015 @ 2:21 pm By Samantha Hurst  |  

Inspirus Credit Union announced on Tuesday it has partnered with crowdfunding platform DonorsChoose to help purchase supplies for Washington classrooms in need. When contributions from individual donors hit the halfway mark for select funding requests, Inspirus kicks in the rest. Having set aside $25,000 in… Read More

September 22, 2015 @ 2:52 pm By Samantha Hurst  |  

Earlier this spring, Seattle-based stove knob-maker, Meld, took to crowdfunding platform Kickstarter to raise $50,000 for self-titled temperature controlling stovetop knobs. The company, which consists of former Amazon, Pinterest, and RichRelevance employees, revealed that each knob is automated range and attaches to cooktops along with wirelessly communicates with a precision temperature… Read More

September 18, 2015 @ 1:47 pm By JD Alois  |  

In a somewhat controversial regulatory approach, the state of Washington, Department of Financial Institutions, has indicated its interest in requiring issuers to file with the state when utilizing Tier 2 of Regulation A+.  The new exemption which preempts State Blue-Sky law and raises the investor… Read More

August 31, 2015 @ 1:30 pm By JD Alois  |  

As aptly stated in one publication, Massachusetts and Montana are giving Regulation A+  – an F.  While the failing grade is perplexing to most casual observers, the battle over this new investment crowdfunding exemption and the petitioning states is nowhere near completion. In a filing… Read More

August 29, 2015 @ 3:45 pm By JD Alois  |  

The finalization of rules regarding Title IV of the JOBS Act was a watershed moment in the history of securities law and a leap forward for investment crowdfunding.  Title IV, now commonly referred to as Regulation A+, not only allows issuers to raise capital in… Read More

August 2, 2015 @ 4:01 pm By JD Alois  |  

Back in May of 2014, Crowdfund Insider reported on the first state Attorney General to file suit against a rewards based crowdfunding campaign that had failed to deliver on its crowdfunding promise. This was no big, multi-million dollar crowdfunding project either. It was for a… Read More

July 16, 2015 @ 11:53 am By Samantha Hurst  |  

Last summer, Washington startup Korner hit Indiegogo to raise funds for its security system. During its funding run, the project raised over $420,000 from 3,100 backers. Now, just a year later, Korner is seeking more funds through equity crowdfunding platform, Fundable. Korner’s system is designed for apartments… Read More

July 13, 2015 @ 12:42 pm By JD Alois  |  

The states of Massachusetts and Montana have attacked SEC and their final rules regarding Title IV of the JOBS Act (referred to as Regulation A+). Now the state of Washington is jumping into the mix by proposing issuers utilizing the updated exemption must have to file with… Read More

July 3, 2015 @ 2:00 pm By Samantha Hurst  |  

Less than a week after it launched its #ForEVERYGirl Indiegogo campaign, the Girl Scouts of Western Washington have successfully raised $310,000 thanks to over 6,500 backers. The Girl Scouts of Western Washington launched the initiative after a donor decided to take away the $100,000 they gave due to… Read More

May 6, 2015 @ 9:51 am By Samantha Hurst  |  

Ready to put up a fight against laziness, Washington-based startup iMovR hit Kickstarter to raise funds for its newest height-adjustable desk, the Upsilon model. Upsilon’s price ($399) changes the equation for people seeking relief from low back pain and other side effects of spending too many hours sitting…. Read More