Author: External Source

Acorns Grow Incorporated ("Acorns"), the saving and investing app, has entered into a definitive business combination agreement with Pioneer Merger Corp. (NASDAQ: PACX) ("Pioneer"), a publicly traded special purpose acquisition company. The combined company (the "Company") will continue as a publicly listed entity and have an expected pro forma fully-diluted equity value of approximately $2.2 billion, assuming no redemptions.  Institutional investors including Wellington Management, Senator, Declaration Partners, Greycroft, The Rise Fund, TPG's global impact investing platform, and

Read more

Silvergate to be the Exclusive Issuer of U.S. Dollar Backed Stablecoins by Diem  This strategic partnership will leverage Silvergate’s regulatory experience and modern financial infrastructure.May 12, 2021 04:15 PM Eastern Daylight Time LA JOLLA, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation (“Company”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced a partnership with Diem Networks U.S. Inc. (“Diem”), in which the Company’s wholly-owned subsidiary Silvergate Bank (“Silvergate”) will become

Read more

How UNest Founder Ksenia Yudina Is Disrupting The Male-Dominated World Of FinTech UNest is a fintech solution aimed at helping parents save for their children's futures.UNest One of the biggest concerns many parents share is saving for their children’s future, whether that be funding a college education or helping their kids get established in their first homes. Meanwhile, student debt has reached crisis levels, with 44 million Americans collectively owing $1.6 trillion. Ksenia Yudina, the founder

Read more

Dedicated Goodwill Team Member Discovers Her Potential As She Works To Bring Her Family Out Of Poverty ROCKVILLE, Md., Nov. 11, 2020 /PRNewswire/ -- Eight years ago, Gina Casteal found herself homeless. With the encouragement and help of her loved ones, she entered and successfully completed the North Texas Institute for Career Development's CDL (commercial driver's license) training program, an offering of Goodwill Industries of Fort Worth (TX). Since then, Casteal has thrived as a Goodwill® team member and given her children

Read more

Coverance to provide Medicare Insurance platform to CUNA Mutual Group, which serves 95% of credit unions and 30 million consumers  LONG BEACH, Calif., September 28, 2020 /PRNewswire/ -- Coverance Insurance Solutions is pleased to announce a $10.5 million financing led by CUNA Mutual Group, with participation from existing investor Strandview Capital. Coverance is an independent insurance agency that helps seniors navigate the complex Medicare insurance market to obtain the optimal policy and save money. CUNA

Read more

Three years after its introduction to the digital currency industry, Silvergate’s payments platform achieves major milestone October 06, 2020 08:30 AM Eastern Daylight Time LA JOLLA, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced that it has achieved $100 billion in transfer volumes across its Silvergate Exchange Network (“SEN”). Developed by the Company in 2017, SEN enables digital

Read more

CUNA Mutual Invests in Medicare Agency Coverance Insurance Solutions receives $10.5M in financing from the venture capital arm of CUNA Mutual Group. By Jim DuPlessis  September 29, 2020 at 03:59 PM A Los Angeles-area Medicare insurance agency has raised $10.5 million in financing, including investments from CUNA Mutual Group and existing investor Strandview Capital. Coverance Insurance Solutions, based in Long Beach, Calif., announced the investment Monday, saying it will work with CUNA Mutual Group and explore opportunities to

Read more

CXChoice is integrated with most title production software The closing process is often fraught with last-minute surprises that can create time delays and cost overruns. Technology offers a solution, but it is often a partial answer. In the case of eClosings, platforms need to consider both the high-tech considerations and the human element. CXChoice from The Closing Exchange is an integrated signing services platform providing flexibility and multiple closing options, including mobile notary, eSignings, hybrid

Read more

Lenders are growing significantly by implementing their award-winning platform. For example, JFQ Lending has experienced explosive growth, a 3322% monthly increase going from 9 million a month to over 300 million a month in less than two years.

Read more

Silvergate Bank, a crypto-friendly bank, officially began selling shares on the New York Stock Exchange Thursday. Roughly a year after it first filed for its initial public offering, Silvergate began its “IPO day” on the NYSE, according to the stock exchange’s Twitter account. The news comes a day after Silvergate received a “notice of effectiveness” from the U.S. Securities and Exchange Commission, indicating its long-running IPO bid had been accepted. The bank currently serves more than 750 firms in the

Read more