Tagged: chicago

September 29, 2021 @ 3:27 pm By Omar Faridi  |  

Elements Global Services, a tech firm and direct Employer of Record service provider that simplifies a firm’s international expansion efforts, augments its leadership team with the addition of three C-Suite executives to “further its position as a leading technology and HR solutions provider,” according to… Read More

August 6, 2021 @ 11:00 am By Omar Faridi  |  

We recently caught up with Chris Gonsalves, CEO at Community Gaming, a platform that combines social gaming, match automation, and blockchain payment technology to make organizing and competing in esports tournaments simple. Chris talked about how Community Gaming allows players to earn crypto and USD… Read More

August 4, 2021 @ 11:04 pm By Omar Faridi  |  

FinAccel, the parent of Kredivo, an AI-powered digital consumer credit platform based in Southeast Asia, and VPC Impact Acquisition Holdings II (NASDAQ: VPCB), a special purpose acquisition company sponsored by Victory Park Capital, revealed on August 2, 2021 that they have finalized a definitive agreement… Read More

July 20, 2021 @ 2:28 pm By Omar Faridi  |  

Paro has announced a $25 million Series B funding round. The rapidly-growing startup offers businesses with flexible finance solutions through teams of remote finance professionals in order to help them address problems and support their ongoing growth. Paro, a Chicago-based startup “disrupting” the way firms… Read More

April 8, 2021 @ 9:31 pm By Omar Faridi  |  

CME Group, one of the world’s leading and most diverse derivatives marketplace, recently revealed that it would be expanding its suite of cryptocurrency derivatives with the launch of a new Micro Bitcoin futures contract on May 3, 2021 (subject to regulatory review and approval). Micro… Read More

March 3, 2021 @ 11:55 pm By Omar Faridi  |  

In early 2020, Opportunity Financial began evaluating whether it should go public. The online lending platform was interested in shifting focus away from the installment loan business to various other financial products (in order to improve its company profile). Jared Kaplan, CEO of the Chicago-based… Read More

January 20, 2021 @ 9:48 pm By Omar Faridi  |  

Chicago-based Avant, a Fintech firm that aims to give everyday Americans “access to the financial products they deserve,” notes that millions of US residents continue to struggle through the COVID-19 pandemic. However, a $900 billion relief bill was recently signed into law (toward the end… Read More

April 8, 2020 @ 8:33 am By Omar Faridi  |  

A group of Chicago-headquartered digital asset trading platforms are planning to work cooperatively, in order to connect more closely with Open Finance, or decentralized finance (DeFi) initiatives. Volt Capital, Jump Trading, CMT Trading and DRW Trading have established the Chicago DeFi Alliance (CDA). As noted… Read More

December 31, 2019 @ 10:48 am By JD Alois  |  

Tokenization, Institutionalization & Securitization of Blockchain Evening Panel Discussion addressing issues including: DeFi – decentralizing finance and its impact Overcoming doubt: Challenges facing cryptocurrency exchanges including securing payments What are the advantages to tokenization of assets & securitization of blockchain’s distributed ledger Impact & risk… Read More

December 12, 2019 @ 11:11 am By Samantha Hurst  |  

Northwestern University’s School of Professional Studies announced on Thursday it is teaming up with Trilogy Education, a leading workforce accelerator, for a new fintech boot camp that will take place in Chicago. According to Northwest, the Northwestern FinTech Boot Camp offers professionals the opportunity to acquire… Read More

May 17, 2018 @ 2:00 pm By Samantha Hurst  |  

Coinbase announced earlier this week the launch of its new product offerings for institutions, which are designed to meet the demand to trade and invest in cryptocurrency. The company reported that over the past few months more than 100 hedge funds have announced plans to… Read More

November 17, 2017 @ 3:51 pm By Samantha Hurst  |  

Victory Park Capital (VPC), a Chicago-based investment firm focused on private middle-market debt and equity investments, announced on Wednesday it has appointed formed Capital One executive, Troy Jamison as its first Chief Risk Officer.  Jamison will reportedly oversee the assessment and management of risk within the firm’s… Read More

October 11, 2017 @ 8:25 am By Samantha Hurst  |  

Chicago-based fintech firm and socially responsible online lender OppLoans announced on Tuesday the opening of its new Windy City headquarters. The company revealed that Chicago Mayor Rahm Emanuel made an appearance and even cut the ribbon to the office. During his presentation, Mayor Emanuel stated:… Read More

May 12, 2017 @ 8:43 am By Erin Hobey  |  

Depending on when your weekend starts, whether on Thursday night or Friday afternoon or the more traditional Friday evening, you may be tempted to have cocktails every night made with guidance of The Aviary Cocktail Book after glimpsing at the extraordinary concoctions from Alinea creators and… Read More

April 17, 2017 @ 12:49 pm By JD Alois  |  

Deloitte’s recent report on Fintech Hubs entitled A tale of 44 cities – Connecting Global FinTech: Interim Hub Review 2017 indicated that London remained at the top of the list with Singapore closely behind it and obviously hoping to become number one. But alongside the original 20… Read More

November 29, 2016 @ 3:31 pm By Samantha Hurst  |  

Prior to this past Thanksgiving holiday, a Michaels Store in Chicago experienced a customer-service fiasco that was recorded by a bystander, named Jessie Grady.  For 30-minutes, Grady watched and recorded a woman who unleashed incredible vitriol on two employees (and everyone else in the store)…. Read More

May 25, 2016 @ 10:02 am By Samantha Hurst  |  

On Tuesday, Indiegogo announced it has joined forces with Dutch brewing company, Heineken, for a new project known as The Cities Project. The global crowdfunding platform stated residents in New York, Chicago, Houston, Los Angeles and Honolulu are invited to submit projects they care about through Heineken’s Facebook page…. Read More

May 17, 2016 @ 10:19 am By Erin Hobey  |  

 RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced today that the platform has closed an investment into a $21.6 million acquisition. The platform helped finance the acquisition of The Edison Apartments, a mid-rise multifamily property in Chicago, by Spirit Bascom Ventures,… Read More

April 26, 2016 @ 12:53 pm By Erin Hobey  |  

RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced the closing of a $1,000,000 equity investment in an industrial property in Glendale Heights, IL, within the Chicago metropolitan area. The sponsor for the acquisition is Clear Height Properties, a real estate investment and… Read More

April 13, 2016 @ 6:31 pm By Samantha Hurst  |  

This week, Chicago-based fintech company VestLo announced that it has become the first to submit an application to the Illinois Secretary of State, Securities Division, so that it may register as a “qualified” crowdfunding platform under the new Illinois Intrastate Crowdfunding Exemption. The adopted Illinois Intrastate Crowdfunding Bill creates… Read More