Under the relatively rare model, a bank offers its expertise and capabilities to a fintech, allowing the fintech to provide iservices that require the involvement of a federally regulated and insured institution.
The project from Carmel-based developer CRG Residential would contain 380 apartment units, 66 townhomes for sale and 35,000 square feet of retail space. The firm also would donate 25 acres of land to beef up a recently announced city park along the White River.
Indiana House Speaker Todd Huston said he left the job to focus on his responsibilities at the Legislature. His office said his departure was unrelated to pending legislation.
Torchy’s, which launched as a food trailer in Austin in 2006, opened its first Indiana restaurant last April in Jeffersonville.
Vibenomics, which offers music, advertising and audio messaging for retailers nationwide, says its audio will be heard in the Iowa-based grocery chain’s stores beginning Feb. 15.
The buyer, who is based in Houston, has had multiple restaurants in downtown Indianapolis, including a Mo’s, A Place for Steaks, along with Nook and most recently Pomodoro.
Indiana’s tech sector hit a red-hot cycle of mergers and acquisitions, pushing the number of deals well past marks set in 2018, 2019 and 2020 by the end of 2021’s third quarter. Experts said the M&A activity spoke to how the state’s tech sector had matured, as well as the gobs of cash burning holes in investors’ pockets.
Queenie’s French Bread Pizza opened this month at Sun King Spirits in Carmel, and Natural State Provisions has announced it’s taking over the former site of Flat 12 and Rad Brewing in Indianapolis.
Following its September arrival on Monument Circle, the Louisville-based fast-casual chain with Hoosier roots solidified plans for its third and fourth area locations.
Hamilton County will soon be losing a cupcake bakery and a combination bookstore and bar, but it’ll be gaining a Just Love Coffee Cafe and two poke eateries. Also on the agenda is the return of Flix Brewhouse.
In a change of philosophy, culinary incubator Fishers Test Kitchen is looking for chefs who can adopt restaurant concepts generated by someone else.
With an initial price tag of $63 million, the 25-acre community east of Ikea has since been renamed Slate at Fishers District.
The equity investment is by far the largest single capital raise by an Indiana-based technology company in the state’s history, according to Indianapolis-based TechPoint, a not-for-profit that supports the state’s tech industry.
Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.
Genezen said the 75,000-square-foot addition will triple its current footprint.
Genome & Co. announced Thursday morning that it plans to establish a new 110,000-square-foot facility on 15 acres in the new Fishers Life Science & Innovation Park.
Fishers-based First Internet says it expects that its $80 million acquisition of Georgia-based First Century Bank will be complete early next year. The deal brings several new product lines to First Internet’s existing offerings.