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FinTech news in denver category

InsurTech startup Captain raised seed round of $104M

The fintech company, founded in May 2021, came out of stealth mode Thursday with a lending tool aimed at bridging the gap between those policyholders, insurance companies and contractors so that a homeowner can choose a contractor and have repairs completed within 30 days versus 180 days.

Kimbal Musk on climate impact of Tesla's bitcoin purchase

Tesla’s decision to buy Bitcoin last year prompted a major bull run for the cryptocurrency, though that surge was famously reversed months later by the company’s announcement that while it did not immediately plan to sell its Bitcoin, it would no longer be accepting Bitcoin as payment for vehicle purchases.

PropTech startup Nomad raised Series A of $20M led by SVB Capital

Specifically, in addition to guaranteeing rent, Nomad has a financial product embedded in its core offering that allows property owners to tap into their future rental income by requesting up to six months of rent advance.