Arizona news and trends

Alerus Financial Acquires SMB-Focused Metro Phoenix Bank
Acquisitions // July 03, 2022

Alerus Financial announced Friday (July 1) that it has completed its acquisition of MPB BHC, the bank holding company of Metro Phoenix Bank. Metro Phoenix Bank was founded in 2007 and is the largest Phoenix-based full-service bank, according to the joint press release. The community...

Today in the Connected Economy: Apple Rolls out First State ID for Its Wallet
Connected Economy // March 23, 2022

Today in the connected economy, Apple makes it easier for travelers in Arizona to show their identification, while Visa and DoorDash make it easier for gig workers in Canada to get paid. Plus, Mastercard and Global Processing Services (GPS) team up to launch card programs...

Today In Crypto: Arizona Senator Seeks to Make Bitcoin Legal Tender in State; Russia’s Finance...
Cryptocurrency // January 31, 2022

A bill proposed by a state senator in Arizona would make bitcoin legal tender there, according to a Coindesk report Friday (Jan. 28). The bill was called “unlikely” to pass in the report, as the U.S. Constitution doesn’t let states make their own legal tender....

Nuvei to Add Arizona Event Wagering and Fantasy Sports Payments
Digital Payments // November 23, 2021

A subsidiary of global payment technology platform Nuvei Corporation now has an event wagering and fantasy sports supplier license in Arizona, following the legalization of online sports betting in the state in April and the launch of regulated sportsbooks and sportsbook apps in September, according...

Quick Reads
PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies

August 03, 2023
PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Founded by software entrepreneur Gregg Scoresby, the seed-stage venture capital (VC) firm was created to fill a gap in the state’s local software industry, providing institutional-quality, early-stage capital for ambitious startups, PHX Ventures said in a […]

Alerus Financial Acquires SMB-Focused Metro Phoenix Bank

July 03, 2022
Alerus Financial announced Friday (July 1) that it has completed its acquisition of MPB BHC, the bank holding company of Metro Phoenix Bank. Metro Phoenix Bank was founded in 2007...

Today In Crypto: Arizona Senator Seeks to Make Bitcoin Legal Tender in State; Russia’s Finance...

January 31, 2022
A bill proposed by a state senator in Arizona would make bitcoin legal tender there, according to a Coindesk report Friday (Jan. 28). The bill was called “unlikely” to pass...

Nuvei to Add Arizona Event Wagering and Fantasy Sports Payments

November 23, 2021
A subsidiary of global payment technology platform Nuvei Corporation now has an event wagering and fantasy sports supplier license in Arizona, following the legalization of online sports betting in the...