News
Thomson Reuters launches Virtual Currency organizer
December 20, 2019 - Virtual currencies, or cryptocurrencies, continue to be a dizzying draw to investors. Many times, the investors are not considering, or fully aware of, the tax implications of their activity in this exciting new asset class.
Mastercard, Payrailz partner on real-time bill payment pilot
December 18, 2019 - Payrailz, a digital payments firm that provides solutions to banks and credit unions, has launched a real-time bill payment pilot with Mastercard to support the Mastercard Bill Pay Exchange.
BitPay Launches Worldwide Stablecoin Payments
December 17, 2019 - BitPay, the world’s largest provider of blockchain payment services, today announced the rollout of stablecoin payments for merchants and consumers around the globe. The company supports payment acceptance and settlement in any of three popular volatility-free stablecoins, Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
BILL.COM PRICES INITIAL PUBLIC OFFERING
December 12, 2019 - Bill.com (NYSE:BILL), a leading provider of AI-enabled cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses, today announced the pricing of its initial public offering of 9,823,529 shares of its common stock at a price to the public of $22.00 per share.
Financeit Awarded 2019 Company of the Year in Lending By Canadian Lenders Association
November 25, 2019 - On November 20, 2019, The Canadian Lenders Association (CLA) announced that Financeit was the 2019 Company of the Year in Lending.
DefenseStorm Successfully Completes (SOC) 2® Type II Audit Examination
November 15, 2019 - DefenseStorm, a leading cloud-based cybersecurity and cybercompliance management provider to regional and community banks and credit unions, successfully completed a System and Organization Controls (SOC) 2 ® Type II Audit examination for their security data platform in August 2019.
Duplicate of DefenseStorm Successfully Completes (SOC) 2® Type II Audit Examination
November 15, 2019 - DefenseStorm, a leading cloud-based cybersecurity and cybercompliance management provider to regional and community banks and credit unions, successfully completed a System and Organization Controls (SOC) 2 ® Type II Audit examination for their security data platform in August 2019.
Former Square Chief Lending Counsel Joins LA-Based Startup Scratchpay
November 13, 2019 - n a major acquisition for financial technology startup Scratchpay (and Silicon Beach), Jin Han, former Chief Lending Counsel of Square and General Counsel of Klarna US, has agreed to join the company as General Counsel and Chief Administrative Officer.
Animal startups making it rain cats and dogs as spending rises
October 31, 2019 - Investors are turning to pet-focused startups as consumers continue to increase their spending on furry friends. Scratchpay, which provides payment plans for vet care, announced this week that it secured $65 million in debt and equity through a second round of funding. And Because Animals, which is developing pet food with meat grown from a tissue culture rather than farmed animals, announced it had closed a round of seed funding with new investors.
Market America | SHOP.COM Partners with Hurdlr to Further Support UnFranchise Owner Financial Success Worldwide
October 30, 2019 - The partnership enables Market America's UnFranchise Owners to run more profitable and sustainable businesses by leveraging Hurdlr's platform to save significant time and money.