Amicus uses proprietary search technology to allow users to search for charitable projects through organizations they care about, as well as portfolios of nonprofits ranked by cause and impact. Donors set up an account, identify their favorite causes and organizations, a giving plan is created with goals, users log in and see the impact of projects they funded, and charities can post projects eligible for funding. Amicus collects a 4.5% transaction fee for funded projects and plans to white label its services for corporations who can make giving programs available and match contributions. On March 22nd, 2022, Amicus was acquired by The Tifin Group, terms of the transaction were not disclosed.
Latest Amicus News
Nov 21, 2023
Court Upholds SEC’s Motion to Allow Amicus Briefs in Binance Case Author: Mustafa Mulla Author Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Nov 21, 2023 16:02 In the Securities and Exchange Commission’s (SEC) lawsuit against Binance, CEO Changpeng Zhao, and subsidiary Binance.US, Judge Amy Berman Jackson has approved the filing of amicus briefs by Administrative Law Scholars and the New Finance Institute. The experts believe that the parties are likely to settle the lawsuit as the disputes between Binance.US and the SEC seem to be nearing a resolution. Amicus Briefs On November 20, 2023, Judge Jackson granted the motions filed by Administrative Law Scholars and the New Finance Institute to submit amicus briefs in support of the SEC’s opposition to Binance and Binance.US’s motion to dismiss the lawsuit. The amici believe that their arguments will offer the court a new and nuanced perspective on the issues involved in the case. NFI Seeks Additional Time in Coinbase Lawsuit The New Finance Institute (NFI) is also an amicus curiae in the SEC’s lawsuit against Coinbase. The NFI has requested additional time in the allotted four-hour arguments for the lawsuit, arguing that its arguments are distinct from those of the SEC. Coinbase and the SEC maintain that the arguments and positions presented by the amici are adequately addressed in their briefs. Joint Motion by Binance and SEC Binance and the SEC have filed a joint motion for a protective order to safeguard confidential information produced in accordance with the June 17 consent order. This indicates that the parties are making progress in resolving their disputes related to document discovery and depositions. Hearing on Binance.US Motion is Set for January 19 Judge Jackson has scheduled a public hearing for January 19, 2024, on the motion to dismiss filed by Binance.US and supported by Binance and CEO Changpeng Zhao. The hearing will be crucial for determining whether summary judgment or a settlement is appropriate in the lawsuit. The SEC’s lawsuit against Binance and Binance.US is a complex and important case that has the potential to shape the future of cryptocurrency regulation in the United States. The recent developments in the case, including the approval of the amicus briefs and the filing of the joint motion for a protective order, suggest that the parties are making progress toward resolving their disputes. Tags
Amicus Frequently Asked Questions (FAQ)
When was Amicus founded?
Amicus was founded in 2017.
Where is Amicus's headquarters?
Amicus's headquarters is located at 222 S. Church Street, Charlotte.
What is Amicus's latest funding round?
Amicus's latest funding round is Acquired.
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Amicus raised a total of $8.72M.
Who are the investors of Amicus?
Investors of Amicus include TIFIN, Wells Fargo Startup Accelerator, FR Group and Queen City Fintech.