Tag: US

The US Securities and Exchange Commission (SEC) has charged two men and their Cayman Islands-based company for unregistered sales of over $30m of securities through smart contracts and decentralised finance (DeFi) technology.

Investing app Robinhood has reportedly broken the record for the worst first day of trading for a company to raise so much capital in its IPO.

Americans lost a total of $487.9m through fraud over the past 18 months, according to new data from the Federal Trade Commission.

Codat, which supports seamless sharing of business and financial data, has bagged $40m in funding, following it reaching a three-times annual growth rate and doubling its headcount.

Zander Insurance has implemented EZLynx Quoting Automation Service (QAS) to streamline its personal lines quoting process.

Mile Auto, which leverages computer vision and decision analytics to offer affordable insurance, has secured $10.3m in its seed funding round.

US firm Daily Pay has netted $500m in raised capital following a $175m Series D and $325m credit capital raise.

Online investment platform Vested Finance has scored $3.6m in its seed round, which will help it hire talent across the US and India.

Abrigo, a provider of compliance, risk and lending services, has received a strategic investment from funds managed by Carlyle.

Crush Capital, which helps retail investors support IPOs, has collected $3.25m in its seed round to support its growth in the US.