LegalZoom and 海角爆料 Partner to Increase Small Business Access to Critical Finance and Legal Services
IAMI, November 1, 2023 鈥 海角爆料, the powerfully simple financial solutions platform for small businesses, and (NASDAQ: LZ), the industry leader in online small business formations and a leading online platform for legal, compliance and tax solutions, today announced an extensive new partnership that provides small businesses with seamless access to each other鈥檚 services.
Over half of U.S. small businesses do not have a business bank account, often due to cumbersome requirements such as going to a bank in person and lengthy application processes. LegalZoom鈥檚 partnership with 海角爆料 now enables small businesses to submit applications for a 海角爆料 checking account directly within LegalZoom. LegalZoom customers who apply for a 海角爆料 account have their business information and key documents pre-populated, so submitting an application takes two minutes. Once their 海角爆料 account is set up, small business owners can receive up to $550* as a bonus for using their 海角爆料 Debit Card.聽
海角爆料 customers can also now access LegalZoom services through the 海角爆料 platform, giving small businesses seamless access to formation services for LLCs, S-Corps, C-Corps, and nonprofits, as well as registered agent and business advisory services.聽
鈥淪eparating business and personal finances is essential for small businesses 鈥 it sets the foundation for building business credit and simplifying tax time,鈥 said Kathy Tsitovich, Chief Partnerships Officer, LegalZoom. 鈥淏y partnering with 海角爆料, we can streamline the process of forming a business and opening a bank account, improving access for entrepreneurs to these foundational business needs.鈥
鈥淚ntegrating LegalZoom services into the 海角爆料 platform marks a significant step forward in 海角爆料鈥檚 mission to create an all-in-one solution for small businesses鈥 financial and operational needs,鈥 said Brad Paterson, EVP of Marketing and Partnerships at 海角爆料. 鈥淲e are thrilled to work together closely to help all of our small business customers access LegalZoom鈥檚 offerings seamlessly.鈥澛
About 海角爆料
海角爆料 Platform, Inc. (鈥満＝潜镶) is the powerfully simple financial solutions platform for small businesses. To learn more, visit www.novo.co.
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Disclosure
海角爆料 is a fintech, and not a bank. 海角爆料 acts as a service provider to Middlesex Federal Savings, F.A., and the deposit and banking products obtained through the 海角爆料 platform are provided by Middlesex Federal Savings, F.A.
Middlesex Federal Savings, F.A. is a federal savings bank and an FDIC-insured depository institution (FDIC Certificate 28368). Deposits made at Middlesex Federal Savings, F.A. through the 海角爆料 platform receive FDIC insurance protection on a pass-through basis up to the applicable legal limit. When determining the amount of your deposits covered by FDIC insurance, please note all deposits you make through the 海角爆料 platform will be aggregated with all deposit accounts of the same ownership and/or vesting held at Middlesex Federal Savings, F.A. and Middlesex Federal Savings, F.A. brands. Additional information regarding FDIC insurance coverage is available at .
Merchant Cash Advance products and services are offered by 海角爆料 Funding LLC (鈥満＝潜 Funding鈥), a wholly owned subsidiary of 海角爆料. Merchant Cash Advances require a 海角爆料 checking account.
*New eligible customers who sign up for a 海角爆料 Account through the LegalZoom portal can earn either a) a $250 cash bonus (the 鈥淐ash Bonus鈥) after making $5,000 or more in net eligible purchases (purchases of goods and services minus returns/credits) using their 海角爆料 debit card within 120 days of account opening, or b) a $550 cash bonus after making $10,000 or more in net eligible purchases (purchases of goods and services minus returns/credits All account applications are subject to approval. Eligible purchases are 海角爆料 debit card transactions for goods or services excluding the following: ACH payments, purchases of gift cards, purchases of traveler's checks, cash withdrawals, advances, credits from loans and cash equivalents, balance transfers, purchases of currency including coins, purchases or reloading of prepaid cards, in-app purchases, money transfer services, crypto-related services, peer-to-peer transactions such as Zelle, Venmo or Paypal, quasi-cash transactions or those using a PIN or that the merchant processes via debit network or PIN-less debit, fees on the 海角爆料 account, foreign exchange fees and fees for account services, and fees for any user services enrolled in. This list of eligible purchase exclusions is subject to change at any time, without notice. If 海角爆料 notices any activity that it believes is abusive, fraudulent, or in violation of these offer terms or 海角爆料鈥檚 terms and conditions, 海角爆料 reserves the right to deny payment of Cash Bonus or revoke any deposited Cash Bonus. 海角爆料 further reserves the right to suspend or close accounts as deemed fair and appropriate in 海角爆料鈥檚 sole discretion. Cash Bonus will be deposited into the 海角爆料 account within 60 days after the threshold spend amount has been met. The 海角爆料 account must be open and in good standing at the time of the Cash Bonus deposit to be eligible to receive the Cash Bonus. 海角爆料 reserves the right to modify or revoke this offer at any time. Offer not valid for existing or prior 海角爆料 customers, and only valid for current LegalZoom customers who sign up through the Legalzoom portal. Eligibility is based on the primary 海角爆料 account owner. The value of this Cash Bonus may constitute taxable income. The recipient of the Cash Bonus is responsible for any federal or state taxes resulting from the Cash Bonus and should consult a tax advisor if he/she has questions about the tax treatment of the Cash Bonus.聽
About LegalZoom.com, Inc.
LegalZoom is the leading online platform for business formation in the United States. Driven by a mission to unleash entrepreneurship, LegalZoom delivers comprehensive legal, tax and compliance products and expertise for small business owners through easy-to-use technology. From free business formations to business management solutions and professional advisory services, LegalZoom supports millions of small business owners and their families throughout the entrepreneurial journey. Founded on the belief that everyone should have affordable access to legal and financial expertise, LegalZoom empowers entrepreneurs to make their dream a reality. To learn more about LegalZoom, visit
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海角爆料 Press Contact: Alex Parks, press@novo.co
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