U.S. insurtech startup Hippo Insurance recently announced it launched in the state of Delaware. Founded in 2015, Hippo describes itself as a home insurance company that’s changing the way people safeguard their most important asset. “We’ve reimagined the traditional homeowners insurance policy, removed things that… Read More
A new, 100,000 square feet building dedicated to the latest Fintech solutions will be established at the University of Delaware’s Science, Technology and Advanced Research Campus (STAR) in Newark. The initiative will be supported by Cinnaire’s $9 million New Markets Tax Credit (NMTC) allocation, which… Read More
Banking group Barclays US announced on Monday plans to create more than 300 new customer service jobs in its Wilmington, Delaware headquarters. According to Barclays US, The Council on Development Finance (CDF) approved Barclays for Delaware Strategic Fund monies totaling nearly $2.5 million, including a… Read More
The state of Deleware is burnishing its Fintech credibility with a new report. Produced by the Delaware Prosperity Partnership, the First State Fintech Lab, and the University of Delaware’s Institute for Public Administration, the document tells you why Delaware is the place to be when… Read More
First State Fintech Lab (FSFL), a Delaware-based fintech organization, announced on Monday the appointment of its Advisory Board, which reportedly consists of state and national “leaders” to further support Delaware as a national and global fintech leader. The FSFL reported that that Advisory Board plays a key role in directing and informing… Read More
Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More
Earlier this month, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. According to an article on Coindesk, the amendments relating to… Read More
In a bipartisan push that matches the Governor’s commitment to boost access to capital for smaller firms, Delaware will file legislation next week that will allow state residents the ability to invest in SMEs via online crowdfunding platforms. The bill is sponsored by Representative Bryon… Read More
New Castle County Council voted to unanimously approve the Delaware Board of Trade (DBOT) resolution, allowing for the issuance of $15 million in revenue bonds to fund the construction of a new stock exchange in the City of Wilmington. The bonds will be the obligation of DBOT and will not… Read More
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