Tagged: united states

U.S. Fintech Wise Secures $5.7 Million Through Seed Funding Round Led By Base10 Partners’ Rexhi Dollaku

Wise, a U.S.-based fintech, announced this week it secured $5.7 million through its latest seed funding round, which was led by Base10 Partners’ Principal, Rexhi Dollaku, with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan,… Read More

Morgan Bierschenk: CEO at Geoship, a Regenerative Village Building Platform, Explains why His Firm Chose Equity Crowdfunding to Raise Capital

We recently caught up with Morgan Bierschenk, the founder and CEO at Geoship, a Washington-based regenerative village building platform, “owned by the people, in service to the Earth.” Geoship aims to transform the housing industry by “building the future of home.” The company designs and… Read More

Micro Investment Mobile App Provider Stash Secures $112 Million in Capital via Round led by LendingTree

US-based Stash, the developer of a micro-investment mobile app, has acquired $112 million in capital through a Series F funding round that was led by LendingTree. Several other companies took part in Stash’s latest round, including Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures… Read More

Neobank Startup Bambu Teams Up With FIS Platform to Bring Mobile-App Banking Services For Unbanked Consumers

FIS (NYSE: FIS), a financial services technology firm, announced on Thursday it has joined forces with neobanking group Bambu to power a new digital solution for the U.S. unbanked and underbanked. According to FIS, Bambu has created the solution to provide banking for underbanked Hispanics… Read More

San Francisco’s Financial Venture Studio Announces Six More Fintech Startups that will Participate in its Business Development Program

The Financial Venture Studio (FVS), a venture capital firm that invests in US-based seed-stage Fintech companies, revealed on April 28, 2020 that it has selected six financial tech startups which will take part in its six-month, non-residential program. The program aims to assist the Fintech… Read More

US Department of Transportation Reveals Plans to Use Blockchain Tech to Improve Commercial Drone Industry Processes

The US Department of Transportation recently revealed its plans to use blockchain or distributed ledger technology (DLT) when working with drones. The agency, which is a federal Cabinet department of the US government concerned with transportation (established by an act of Congress on October 15,… Read More

Binance-backed Cryptocurrency Derivatives Exchange FTX to Launch Spot Trading in the US

FTX, a digital assets derivatives exchange that primarily caters to Asian traders and investors, will be introducing a spot exchange in the US markets. Sam Bankman-Fried, CEO at FTX, noted that the company’s US-based trading platform is presently in its beta testing phase. The spot… Read More

U.S. Regtech DASH Regulatory Technologies Launches SaaS-Based Version of Regulatory Capital Compliance Suite

DASH Regulatory Technologies, a regtech-focused affiliate of capital markets technology and execution services provider DASH Financial Technologies, announced on Tuesday the launch of DASH 360R, the next-generation of its industry-leading LDB platform for U.S. regulatory capital calculation and reporting compliance.  DASH revealed that with the… Read More

SoFi’s Lantern Paycheck Protection Program Offering Sees 43% of Applicants Matched With Network of Lenders & 24% Receive Approve From SBA

Fintech unicorn SoFi announced on Monday it has helped funnel more than $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders and Lantern, the product comparison site operated by SoFi…. Read More

Credibly Named Approved Lender For Paycheck Protection Program

Credibly, a small and medium-sized business lending platform, announced on Friday it has been named an Approved Lender for the Paycheck Protection Program (PPP). As previously reported the U.S. Senate passed $484 billion in new pandemic relief funds to provide additional funding to the PPP… Read More

California-based Dole Food Company to Integrate Distributed Ledger Tech for Managing Supply Chain Processes

California-based Dole Food Company, an agricultural multinational corporation, has introduced a five-year plan to integrate blockchain or distributed ledger technology (DLT) for managing supply chain processes. Dole Food Company is the largest producer of fruits and vegetables in the world. The agribusiness company generated over… Read More

Digital Banking Apps in the US Experience 60% Increase in Downloads, 17% Revenue Growth in Past Month Due to COVID-19: Report

San Francisco-based AppsFlyer, a software-as-a-service (SaaS) mobile marketing analytics and attribution platform, reports a 22% increase in in-app purchases during the past two weeks. This, as US residents have begun to rely even more on their mobile devices while being stuck at home due to… Read More

Fintech Firm Artis Technologies Introduces Artis Connect, a Cloud-powered Lending Solution for Banks, Credit Unions

Artis Technologies, a US-based Fintech firm that provides embedded financial services platforms for digital, “point-of-need” lending and payments, has launched Artis Connect, a cloud-powered, white-label lending solution for banking institutions and credit unions. According to a company release, the solution aims to reach more clients… Read More

Digital Banking: UK-based Neobank Monzo Applies for Banking Charter in the US

UK-based digital bank Monzo has been planning to enter the US market for a fairly long time. A beta launch in the US was announced in late 2019. The banking challenger, which has been valued at over $1 billion, has managed to almost double its… Read More

Stripe’s API “Stripe Issuing” Now Open to All U.S. Businesses

Payments platform Stripe announced on Thursday its Stripe Issuing, which is an API that allows users to create and control virtual and physical cards, is now open to all U.S. businesses. According to Stripe, Stripe Issuing was created to help businesses manage how funds get spent…. Read More

gohenry, a Debit Card and Money Management App Provider for Kids, Reaches 1 Million Customers Globally

gohenry, the provider of a debit card and Fintech app with special parental controls for children between the ages of 6-18, has now surpassed the one million customer milestone. As noted in a release shared with Crowdfund Insider: “Following years of accelerated growth since its… Read More

Citizens Bank of Edmond Teams Up With MX to Launch Paycheck Protection Program Loan Portal for Small Business Customers

Citizens Bank of Edmond announced on Wednesday it has teamed up with MX, a bank, credit union, fintech digital platform to launch a new Paycheck Protection Program (PPP) loan portal for the bank’s small business customers. According to Jill Castilla, President and CEO of Citizens Bank… Read More

U.S. Fintech HouseCanary’s Latest Review Confirms: U.S. Housing Sees First Signs of Decline Since COVID-19 Began

HouseCanary, a U.S.-based fintech firm focused on providing a real estate analytics solution, announced on Wednesday it has reviewed 41 states with the highest listing and transaction volume in the weeks since the COVID-19 pandemic hit the U.S. economy. According to HouseCanary, potential homebuyers were… Read More

RiverNorth Marketplace Announces Investment Strategy & Name Changes

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced last week it is restructuring to expand the fund’s investment mandate, the Board of Directors of the Fund (the “Board”) has approved changes… Read More

U.S. Insurtech Branch to Give Back 15% of Monthly Insurance Auto Premiums to Policyholders in Response of the COVID-19 Crisis

Branch, a U.S.-based insurtech startup, announced on Monday it is set to give back 15% of monthly insurance premiums to its auto policyholders in response to the COVID-19 pandemic. According to Branch, the compassionate initiative recognizes clients’ reduced driving due to shelter in place orders… Read More

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