Tagged: florida

March 22, 2022 @ 10:24 am By Omar Faridi  |  

Fintech firm Play2Pay has entered a 5,200-square-foot lease at Wynwood Annex, which is home to various other prominent technology firms. Established in 2014, the firm provides clients with ways to lower their bills by playing games, watching engaging videos and responding to surveys. The Fintech… Read More

February 19, 2022 @ 2:30 pm By JD Alois  |  

A new report by Telstra Ventures highlights how the tech hub ecosystem is changing. The US has long been a hotbed of entrepreneurship and innovation with early-stage firms establishing dominant hubs in locations like the San Francisco Bay Area and New York City. But COVID… Read More

February 13, 2022 @ 12:34 pm By Omar Faridi  |  

Banking services Fintech Engage Fi is the latest local firm (in Tampa) to acquire out-of-state funding. Engage Fi co-founders Jenn Addabbo and James Guild introduced their banking services technology business back in 2014. The firm has reportedly acquired one of the first investments from an $850… Read More

December 26, 2021 @ 6:37 pm By Omar Faridi  |  

FTX US, a US-regulated crypto exchange, announced that it has entered into a partnership agreement with Stratos Jets Charters Inc, a private jet charter broker based in Orlando, Florida. Via this partnership, Stratos will be accepting payments in crypto and fiat via the FTX Pay… Read More

December 24, 2021 @ 11:23 am By JD Alois  |  

By now everyone is aware there is a significant migration taking place. High tax, less business-friendly states are losing out to low tax, business welcoming states and the transition is ongoing. While there are multiple states benefiting from individuals and firms exiting California, New York,… Read More

October 25, 2021 @ 12:06 pm By JD Alois  |  

As more and more firms flee the Northeast and California, several states are benefiting from this exodus of talent and innovation. Texas and Florida are at the top of the list due to low taxes, a business-friendly government, and, of course, beautiful weather. On the… Read More

September 26, 2021 @ 1:38 pm By Omar Faridi  |  

Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for… Read More

September 22, 2021 @ 1:34 pm By Omar Faridi  |  

Centennial Bank (NASDAQ: HOMB) has teamed up with FINBOA, an innovator in digital automation and regulatory compliance for financial institutions, in order to boost efficiency and cut down bank losses, while also enhancing client experience and empowering workers via process automation. As virtual payments and… Read More

June 4, 2021 @ 8:04 am By Omar Faridi  |  

Peter Smith, Co-founder and CEO at Blockchain.com, a leading crypto wallet provider, block explorer service, and digital asset trading platform, revealed on Thursday (June 3, 2021) that he joined Miami Mayor Francis Suarez in order to announce that Blockchain.com is “the first global crypto company… Read More

June 3, 2021 @ 10:20 am By Omar Faridi  |  

Financial technology leader FIS (NYSE:FIS) and The Venture Center have unveiled the 10 firms chosen to participate in the 2021 FIS Fintech Accelerator program. As mentioned in an update shared with CI: “In its sixth year, the FIS Fintech Accelerator program is focused on identifying… Read More

March 18, 2021 @ 10:55 pm By Omar Faridi  |  

Miami-headquartered JAG Insurance has reportedly issued its very first policy using cryptocurrency. JAG Insurance Group, which is well-known for being a digital tech pioneer and challenging the standards of the insurance industry, has decided to take its first steps into the crypto-asset space by issuing… Read More

December 4, 2020 @ 7:12 pm By Omar Faridi  |  

Financial advisor Mac Gardner aims to promote Fintech-focused competition so that more consumers are able to interact with financial literacy apps. There’s a new technology-related track in the financial planning curriculum being offered at the University of South Florida. The Fintech Bullpen, a Fintech competition… Read More

December 3, 2020 @ 11:22 pm By Omar Faridi  |  

Future Fintech Group Inc. (NASDAQ: FTFT), an established blockchain-enabled, digital commerce firm and a service provider for financial technology, has reportedly appointed Ming Yi as its new Chief Financial Officer (appointment effective as of November 30, 2020). Jing (Veronica) Chen has resigned from her role… Read More

October 20, 2020 @ 1:49 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance announced on Tuesday it has expanded its service to both Florida and Wisconsin.  The expansion comes just days after Pie announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes… Read More

July 5, 2020 @ 1:35 pm By Omar Faridi  |  

Ron DeSantis, the 46th Governor of the US state of Florida, noted on July 2, 2020, that with the signing of HB 1391, Florida now welcomes Fintech firms that aim to “disrupt the status quo and gives them an opportunity to provide new types of… Read More

January 7, 2020 @ 1:22 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Tuesday the opening of its newest office location in Jacksonville, Florida.  According to SoFi, the office is located in the St. Johns Town Center and will fit up to 300 full-time staff, mainly focused on operations functions including member relations,… Read More

December 13, 2019 @ 1:15 pm By JD Alois  |  

This is a first. StartEngine has filed a Form C with the Securities and Exchange Commission (SEC) to raise capital under Reg CF on TrueCrowd – a different crowdfunding platform. Both StartEngine and TrueCrowd are FINRA regulated funding portals. Typically, platforms self-crowdfund instead of listing… Read More

November 18, 2019 @ 11:30 am By Omar Faridi  |  

South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a warning against Karatbars International GmbH, a German company that has been promoting a digital currency, called KaratGold Coin, which is allegedly backed by gold. According to FSCA’s release: “Karatbars International GmbH is… Read More

October 5, 2019 @ 11:13 am By Omar Faridi  |  

Florida’s regulatory authorities are investigating Karatbars, a German firm that’s been promoting a crypto token linked to a Miami “crypto bank,” which does not have a banking license. Karatbars previously launched a cryptocurrency that the company claimed was backed by gold. In addition to developing… Read More

August 30, 2019 @ 3:30 pm By JD Alois  |  

San Francisco based SoFi is expanding and hiring new employees. The California born Fintech is just not doing it in the Golden State. SoFi will be hiring 300 new employees in a new Southeast Operations Center in Jacksonville, Florida. SoFi, like many other firms, is… Read More