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Arizona Fintech Sandbox Doubles With 3 New Participants

Law360 (May 17, 2019, 6:38 PM EDT) -- A startup that aims to deliver financial services to the unbanked, an income-sharing agreement provider that's seeking to distinguish itself from consumer lenders, and a company that's testing a tool to evaluate potential renewable energy investments are the latest inductees into Arizona's fintech sandbox.

Announced on May 15 by Arizona Attorney General Mark Brnovich, the new companies approved to participate in the state's pioneering sandbox are the Arizona-based Verdigris Holdings Inc., Illinois-based Align Income Share Funding Inc. and U.K.-based Enian Ltd.

The trio will join the three other companies already enrolled in the Arizona program, which provides limited regulatory relief for...

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