Tagged: san francisco

Ripple Partners with Nasdaq-Listed Remittance Firm International Money Express (Intermex)

Ripple, a San Francisco-based Fintech firm,  has confirmed its new partnership with International Money Express (Intermex), a Nasdaq-listed remittance company. Intermex will reportedly be using Ripple’s On-Demand Liquidity (ODL) solution, which uses XRP, the world’s third-largest digital asset by market cap, to conduct cross-border transactions…. Read More

San Francisco-based Fintech Ripple’s CEO Brad Garlinghouse Indicates Firm Might Launch IPO

Brad Garlinghouse, CEO at privately-held Fintech firm Ripple, recently indicated that the San Francisco-based startup might launch an initial public offering (IPO) within the next year. While attending the World Economic Forum (WEF) in Davos, Switzerland, Garlinghouse reportedly told the Wall Street Journal (on January… Read More

Report: US-based VC Firms Continue to Increasingly Invest in London-headquartered Fintech Startups

According to a new report, US-based venture capital firms have been increasingly investing in London-headquartered companies this year. New data shows that UK-based Fintech firms continue to attract a large number of investors. US investors have reportedly contributed around in $4.4 billion (appr. £3.4 billion)… Read More

Based in San Francisco, Fintech Brex is Latest Company to Expand in Utah

San Francisco Losing Fintech Lustre The Utah Governor’s Office of Economic Development (GOED) has announced that Fintech Brex will open its new location in the Salt Lake Valley. The new office is said to create up to 1,000 new jobs over the next seven years…. Read More

Fintech Unison Considers Exiting San Francisco. Will Others Follow?

In a report from last week, Fintech Unison was highlighted as considering an exit from the tech startup epicenter of San Francisco. According to SF Business Times, Texas, Idaho, and other states are looking to lure companies away from the Bay Area as the cost… Read More

Palmia & its Naturally Lemon-Infused, Low Cal Beer Returns to Wefunder, Ready for Growth

palmia beer

Readers know that beer almost always is a sure win with the crowdfunding crowd. Spanish coast inspired, US brewed Palmia is off to good start on its second Wefunder Future Equity (Custom SAFE) campaign.  San Francisco- based Palmia has already surpassed its initial goal, having secured $198,414+… Read More

San Francisco Tourist Destination PIER39 Now Accepting Alipay Through CITCON

Alipay, a Chinese digital payment platform operated by Ant Financial Services Group, and San Francisco’s tourist destination PIER 39, announced on Wednesday they have formed a partnership to create a seamless payment experience for Chinese travelers. The duo reported that through the partnership, more than 40… Read More

LendIt Fintech Announces PitchIt Competition & Second Annual LendIt Industry Award Winners

LendIt Fintech, the world’s leading event in financial services innovation, announced on Wednesday the winners of its sixth annual PitchIt competition and 21 winners of its second annual LendIt Industry Awards.  global competition for fintech startups to attract funding, mentorship, endorsement, and exposure to institutions,… Read More

Citi Ventures Invites 60 University Students From Hong Kong to Visit As Part of The Week-Long Fintech Bootcamp At Stanford

Citi Ventures announced on Monday it welcomed 60 university students from Hong Kong to its San Francisco office in September as part of its week-long fintech-focused entrepreneurship bootcamp at Stanford Graduate School of Business under the Cyberport University Partnership Program (CUPP). The students reportedly visited Citi… Read More

Fintech Startup Ripple Opens New Singapore Office

San Francisco-based fintech Ripple has announced the opening of its new Singapore office. This news comes just one month after the company opened its India office. While sharing details about the new office, Dilip Rao, managing director for Ripple APAC, reportedly stated: “Singapore is leading the… Read More

Fintech Startup YayPay Secures $5.3 Million Through Latest Funding Round

San Francisco fintech startup YayPay announced on Wednesday it secured $5.3 million in funding to further its drive to bring automation to the back-office finance operations of mid-sized enterprises. The company’s latest funding round was led by QED Investors along with co-investors Birchmere and Fifth Third Capital, the direct… Read More

RealtyShares Reports: $10.3 Million Raised for Industrial Real Estate Deals in San Francisco and Boston MSA

Online real estate marketplace RealtyShares announced on Tuesday the closing of two industrial real estate financing transactions in San Francisco and Boston MSA. The amount raised between the deals was $10.3 million. RealtyShares stated it secured  $8.7 million industrial debt loan for a San Francisco… Read More

Ripple Appoints Appoints Marjan Delatinne As New Sales Director For Europe

San Francisco fintech company, Ripple, announced on Wednesday it has appointed former business director at SWIFT gpi, Marjan Delatinne, as its new sales director for Europe. The company reports that Delatinne will lead its sales efforts for financial institutions in Europe and will sell its commercial blockchain… Read More

Brief: San Francisco Fintech Brand Grow Debuts ESG Investment Analytics Tool

Grow, a San Francisco-based fintech company that focuses on socially responsible investments, announced this week the launch of its ESG investment analytics tool. According to the company, the new Grow Analytics tool combines data from top ESG rating companies from around the globe to create a Grow Score,… Read More

RealtyShares Finances $500,000 Preferred Equity Investment to Fund Acquisition & Rehabilitation of San Francisco Multi-family Property

On Wednesday, RealtyShares announced it financed a $500,000 preferred equity investment to fund the acquisition and rehabilitation of a 22-unit multi-family property in the San Francisco Bay Area called Greenleaf Apartments. The real estate crowdfunding platform reported that the project is being sponsored by Tesseract Capital… Read More

Peak Design Named Second Most Funded Company on Kickstarter After Securing Over $6.3M For Everyday Backpack Collection

Time’s up! Peak Design has officially closed the Kickstarter campaign for its upcoming Everyday Backpack Collection. The startup took to the crowdfunding giant earlier this summer to raise a minimum of $500,000 and crushed the funding goal within just hours of the initiative’s debut. The  Everyday… Read More

Luxury Sex Toy Startup Crave Secures Funds From CircleUp and AngelList During Series B Funding Round

San Francisco luxury sex toy startup, Crave, announced on Monday the closing of its Series B funding round. The round captured $1.3 million from various angel investors along with investment platforms CircleUp and AngelList. As previously reported, Crave raised $2.4 million from over 60 Angel investors… Read More

Brief: Indiegogo to Host LGBTQIA‬ Pride Celebration at San Francisco Headquarters

On Wednesday, Indiegogo announced its very own Pride Celebration, which will be held at its San Francisco headquarters on June 23rd. The free event’s description reads: “In honor of pride month, Indiegogo is hosting a LGBTQIA Pride Celebration at Indiegogo HQ! It’ll be a chance… Read More

Intimacy Lifestyle Company Lelo Launches Indiegogo Initiative For New Age Condoms; Announces Charlie Sheen As Promoter

Earlier this week, intimacy lifestyle brand, Lelo, launched an Indiegogo campaign to raise only $12,000 for its self-dubbed next generation condoms The initiative has already surpassed its initial goal and is currently sitting at over $90,000 thanks to 4200 backers. According to Lelo, the Lelo… Read More

San Francisco’s Room to Read Teams Up With Classy As it Prepares For International Fundraising Expansion

Classy, a cloud-based fundraising platform that helps nonprofits and social enterprises mobilize and empower communities, announced on Monday it has formed a partnership with Room to Read, a San Francisco-based organization that is aiming to transform the lives of millions of children in low-income countries… Read More

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