New Hampshire Banking Department

F.L.Putnam Signs Definitive Agreement to Acquire Darwin Trust Company

Retrieved on: 
Wednesday, April 10, 2024
Acquisition, Melissa, CPA, New Hampshire Banking Department, Manning, Growth, CFA, Real estate

LYNNFIELD, Mass. and NASHUA, N.H., April 10, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced that it has signed a definitive agreement to acquire Darwin Trust Company (Darwin), a New Hampshire-chartered trust company. Financial terms of the deal were not disclosed.

Key Points: 
  • Acquisition of New Hampshire chartered trust company expands F.L.Putnam's wealth management platform with comprehensive trust services, a new office in Nashua, New Hampshire
    LYNNFIELD, Mass.
  • and NASHUA, N.H., April 10, 2024 /PRNewswire/ -- F.L.Putnam Investment Management Company today announced that it has signed a definitive agreement to acquire Darwin Trust Company (Darwin), a New Hampshire-chartered trust company.
  • Founded in 2019 by Attorney John Gosselin and Melissa Sommer, CFA, CPA, Darwin provides a comprehensive suite of trust services to high-net-worth individuals and families across the U.S.
  • The trust company will retain the Darwin name and Melissa Sommer, co-founder, CEO and president of Darwin will serve as Managing Director.

Alchemy Pay Gains Approval with New Hampshire Money Transmitter License in the USA

Retrieved on: 
Tuesday, March 5, 2024
Crypto, Cryptocurrency, Acquisition, Money, API, NMLS, VASP, MTL, MSO, New Hampshire Banking Department, DCEP, DPT

SINGAPORE, March 5, 2024 /PRNewswire/ -- Alchemy Pay, the leading fiat-crypto payment gateway, proudly announced another successful Money Transmitter License (MTL) acquisition in the USA, the state of New Hampshire, adding to its existing licenses in Arkansas and Iowa .

Key Points: 
  • SINGAPORE, March 5, 2024 /PRNewswire/ -- Alchemy Pay, the leading fiat-crypto payment gateway, proudly announced another successful Money Transmitter License (MTL) acquisition in the USA, the state of New Hampshire, adding to its existing licenses in Arkansas and Iowa .
  • In recent months, the Alchemy Pay team has achieved significant milestones by obtaining compliant licenses in various states across the USA, such as a Money Transmitter License in Arkansas and a Money Service Business License in Iowa.
  • Additionally, Alchemy Pay has submitted applications for Money Transmitter Licenses in additional U.S. states, with results expected in the near future.
  • Alchemy Pay has achieved significant milestones in securing licenses across various countries, including the United States, Lithuania, Indonesia, and Canada.

Bastion Secures Money Transmitter License in New Hampshire and Arkansas

Retrieved on: 
Tuesday, October 31, 2023
Blockchain, New Hampshire Banking Department, Bastion, News, Acquisition, NMLS, IEEE 802.1X, API, Cryptocurrency

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Bastion (the "Company"), an enterprise-grade web3 orchestrator and custodial wallet, today announced the acquisition of Money Transmitter Licenses ("MTLs") in New Hampshire and Arkansas, the first two MTLs acquired by Bastion. The licenses, granted by the New Hampshire Banking Department and Arkansas Securities Department, will enable Bastion to support fungible assets in each state. The acquisitions, just one month after Bastion's launch, solidifies the company's commitment to providing businesses across the United States with the ability to engage their customers in a safe, secure, and compliant manner across a broad spectrum of digital assets.

Key Points: 
  • NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Bastion (the "Company"), an enterprise-grade web3 orchestrator and custodial wallet, today announced the acquisition of Money Transmitter Licenses ("MTLs") in New Hampshire and Arkansas, the first two MTLs acquired by Bastion.
  • The licenses, granted by the New Hampshire Banking Department and Arkansas Securities Department, will enable Bastion to support fungible assets in each state.
  • Bastion has additional applications pending for Money Transmitter Licenses in the United States and eagerly looks forward to working with the individual states to acquire a license where required in each jurisdiction.
  • Bastion co-founder Nassim Eddequiouaq commented on today's news: "The acquisition of Money Transmitter Licenses in New Hampshire and Arkansas is a consequential step in realizing our long-term vision.