Fortis Announces Launch of Equipment Financing Banking Product

Furthering its commitment to providing the best banking solutions for their clients, Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its Equipment Financing product offering. Chris Case will be responsible for the development and execution of this new product at Fortis, aligning with the bank’s growth goals by originating and structuring equipment loans that provide significant value to existing and new clients. He joins Fortis with a...

Simpl Announces 40M in Series B Funding

Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants provide consumers an easy, safe and intuitive way to buy. Its flagship product,1-tap Pay Later, enables consumers to buy with a tap and...

Bankjoy Names Mike Brown as Vice President of Product

Digital banking provider Bankjoy announced today the addition of Mike Brown as Vice President of Product. In his role, Brown will lead product strategy to help community financial institutions better compete with both neobanks and megabanks with modern, transformative digital products. Brown joins Bankjoy with over 15 years of experience, previously serving as Director of Product Innovation at Mastercard. While there, he led the joint Mastercard and Bank of America Innovation Hub in Charlotte, N.C., running design...

Maison Reserve & Co. launches World’s first cryptocurrency tethered

Maison Reserve & Co. a Dallas-based company launches the world’s first cryptocurrency tethered to the supply and demand of real products, backed by R&D, manufacturing, distribution, sales, and loyalty rewards, on a transparent and fool-proof ledger — Blockchain. With transaction costs decreasing, and a deflationary path for ETH in sight partly due to the London hard fork, Maison Reserve & Co. selected Ethereum as the blockchain foundation for building the core of the platform. “By using smart contracts,...

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