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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay

BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay

To me, this is another example of a relatively stealthy Utah-based company making a "splash" in Utah's business ecosystem with a significant monetary / financial transaction.

NEWS BRIEF: Lehi, Utah-based LegalTech Firm, Hona, Closes a $9.5 Million Round of Series A Funding

NEWS BRIEF: Lehi, Utah-based LegalTech Firm, Hona, Closes a $9.5 Million Round of Series A Funding

Lehi, Utah-based Hona has raised $9.5 million in a Series A round of funding that was "... led by Costanoa Ventures with participation from Ludlow Ventures, Soma Capital and Y Combinator." As noted in its funding news release, Hona is "... dedicated to revolutionizing client communication (for law

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Self-described as a "pain management clinic and healthcare data company," KindlyMD "... is also one of the largest providers of medical evaluation and management services related to treatment recommendations within (Utah's) medical cannabis program ..." Five-year-old KindlyMD "... offers direct health care to patients integrating prescription

Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed

Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed

In this writeup, you'll find info about 18 Utah-based firms and nine separate Utah-based executives.

NEWS BRIEF: With Approval of a $38 Million Purchase of a 238,000-sq-ft Building, the University of Utah will Grow its Downtown Salt Lake City Presence

NEWS BRIEF: With Approval of a $38 Million Purchase of a 238,000-sq-ft Building, the University of Utah will Grow its Downtown Salt Lake City Presence

With this expansion, the UofU is now ideally positioned to dramatically expand its footprint in downtown Salt Lake City ... should it choose to do so.

CEO Pay: A Discussion (with a Twist)

Presuming all goes according to plan, ballots will be tallied sometime today to determine if Tesla shareholders agree that company founder and CEO, Elon Musk, should receive what is now the $56 billion payday the Board agreed to pay him back in 2018. It's worth noting that the

BREAKING NEWS: Provo, Utah-based Canary Speech Closes $13 Million Round of Series A Funding to Help Advance its AI-based Early Detection of Mental and Emotional Health Challenges

BREAKING NEWS: Provo, Utah-based Canary Speech Closes $13 Million Round of Series A Funding to Help Advance its AI-based Early Detection of Mental and Emotional Health Challenges

As someone who watched the horrific progression of Alzheimer's Disease as it stripped away the mental and emotional essence of my mother over a six-year journey, I was pleased to see the announcement this morning that Canary Speech has landed a $13 million round of Series A funding.