Reserve Trust Bypasses Banks and Attracts $30 Mil in Series A Funding
On August 4, Colorado’s Reserve Trust announced a $30.5 million Series A fundraise, led by QED Investors. The investment brings total funding since the fintech company’s inception to $35.5 million and includes $17.9 million in secondary shares. FinTech Collective and...
Franchise Ownership No Longer the Preserve of the Wealthy Thanks to Chicago Startup
FranShares, a Chicago-based fintech startup, has filed with the SEC to make fractional franchise ownership accessible to global retail investors with as little as $500. According to the FranShares website, there are over 770,000 franchise establishments in America....
Embedded Insurance from Reliable Brands Offers Consumers Peace of Mind
Insurance is quite possibly the best example of a “grudge purchase” - nobody wants it, but everyone needs it. It’s what everyone thought accounted for the negligible profit or even losses of 80 percent of insurers leading up to 2020. But now, a new trend in fintech,...
Investors and Marginalized Communities Find Safe Harbor in Neobanks
The COVID-19 pandemic has fast-tracked America’s move to mobile banking, and investors are following the money - literally. Last year, Chime, the mobile banking app, became the most valuable American retail fintech startup when it raised $485 million at a company...
