Latest News Hot off the Press

August 24, 2018

The city of Detroit embodies a thriving culture of technology-driven financial services that continues to grow and transform over time.

The Detroit Fintech Association, a nonprofit trade organization founded by Benzinga CEO Jason Raznick, is comprised of entrepreneurs, professionals, executives and investors within the financial technology sector, and focuses on developing and improving financial li...

August 21, 2018

DETROIT, Aug. 21, 2018 /PRNewswire/ -- Ally Financial today donated a variety of school supplies to The Children's Center to help Detroit's underserved youth get ready for the new school year. Ally volunteers distributed more than 800 backpacks full of supplies, uniforms, and hygiene products to The Children's Center's Back to School Bazaar which helps prepare students to kick off the school year w...

August 14, 2018

Oscar Health just got a cool $375 million from Google’s parent company to bring its tech-backed health insurance plans to more people.

In total, the company has now raised more than $1 billion. Its last-reported valuation was $3.2 billion. 

Co-founded in 2012 by Josh Kushner, whose brother Jared a senior adviser to President Donald Trump, Oscar Health is a health-insurance startup that got its s...

August 8, 2018

Detroit, Michigan, is in the midst of several redevelopment projects that are quickly transforming its streets.

One of the largest is happening downtown. For nearly a century, a J.L. Hudson Company department store had dominated the corner of Farmer Street and Gratiot Avenue. After the city demolished the building in 1998, it built an underground parking garage on the site, which has stayed vac...

August 7, 2018

The largest Michigan-based bank is moving its headquarters to Michigan's largest city.

In one of the biggest corporate recruitment victories for the city in recent memory, Chemical Bank (NASDAQ: CHFC), currently based in Midland, plans to move more than 500 executives and other employees into a new high-rise at Woodward Avenue and Elizabeth Street in downtown Detroit. The building would be near the...

August 6, 2018

The Arizona Attorney General’s Office has opened the first fintech sandbox in the United States, enabling financial services startups to bypass red tape and begin testing their products with live consumer data.

Currently, navigating state regulatory requirements can take several months and cost a startup company tens of thousands of dollars in fees. 

Inviting applications from startups to join the...

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