Aggregated News & Information about Christopher Wolfington
Meet the 8 startups in the BFTP/VilCap fintech accelerator
The results are in: eight\
startups(most of them local)
made it to the inaugural cohort
of Village Capital’s VilCap
accelerator, which is run in
partnership with Ben Franklin
Technology Partners and seeks
to hook up two startups with
$25,000 in seed money.
As we told you back in February,
the program is unique because it brings the VilCap model to the world of fintech (and Philly): the companies in the accelerator will decide which startups get access to the cash at the end of the 12-week program. (Village Capital is based in D.C. and is running its VilCap Communities accelerator with local partners around the country.)
FinPay just raised a $1.9M seed round
With 2017 entering its final
stretch,here’s an update from
realLIST honoree No. 9: King of
Prussia,Pa.-based FinPay raised a
$1.9 million seed round.
The fundraising isn’t done, said
CEO Chris Wolfington, with another
million scheduled to close on Nov.
11. The funding, the exec said, will let the company expands its operations in the face of an uptick in demand of its financial services for patients.
The Baker family, owners of Edgewater, N.J.-based Riverside Medical Group, led the round. Initially approached as customers, the family decided to invest in the company.
“Now they are individual investors and we are starting the process of on-boarding Riverside as a customer,” Wolfington said. “I guess that is the ultimate two birds with one stone.”
Job Detail for Patient Payment Specialist
Job Description The Company FinPay, LLC
is a financial technology and payments
company providing Patient Financial Management
Solutions to the healthcare Industry. As consumer
out-of-pocket medical expenses surpassed $400 billion in 2016, the current market for FinPay's services is $28 Billion and growing rapidly.
With the expansion of healthcare reform the problem is only getting bigger and expanded collection efforts by Healthcare Providers will not solve the problem. Our goal is to create more satisfied patients who have a better financial experience resulting in those patients paying their out-of-pocket expenses for the services they received.
The Mission Our Mission is to create a patient financial experience that mirrors the high quality clinical care consumers have come to expect by providing more education, more transparency, and more payment options, all at the point of care so patients understand their financial obligations and are offered a variety of payment alternatives to fit any household budget.
Ben Franklin's fintech accelerator is first of its kind in the region.
These 8 startups made the cut
These eight companies — which
are required to have a presence in
the region to receive an investment
— will begin the 12-week
accelerator on April 24, meeting
with mentors and advisors selected
to help guide them toward growth
and fundings. They run the gamut
of the financial industry, from
creating data visualizations of personal assets to a student loan repayment benefit program. Four focus on putting financial technology to use solving social issues.
“With the blend of both impact-focused and transaction-based fintech concepts, it’s an impressive range of companies, and a great indicator of the depth of opportunity in our region,” said Ben Franklin President and CEO RoseAnn Rosenthal in a statement. “We’re excited to bring our partners at Village Capital and our community of esteemed advisors together to help these companies grow here.”
Here are the eight companies chosen for the accelerator and the description Ben Franklin provided about their operation:
Ben Franklin Announces Fintech Cohort As Part of VilCap Communities Initiative
April 19, 2017 (Philadelphia, PA)—
Ben Franklin Technology Partners of
Southeastern Pennsylvania (“Ben
Franklin”) is proud to announce the eight companies participating in its first Fintech Accelerator program run as part of VilCap Communities, an initiative of D.C.-based venture capital firm Village Capital.
Combined with Ben Franklin’s full suite of business services and the mentorship of its community of best-in-class business leaders, the Ben Franklin Fintech Accelerator will employ Village Capital’s venture investment readiness curriculum. Across its nine indicators of investment readiness, the program’s unique peer-selected investment model empowers entrepreneurs to evaluate the progress of each other’s early-stage businesses throughout the 12-week program.
The Ben Franklin program will kick off on April 24, including fintech concepts as diverse as point-of-sale solutions for healthcare payments, to administration of humanitarian aid, to management of college tuitions. Four of the eight companies are using fintech-based approaches to address environmental and social challenges.
Seed Round - FinPay
Finpay raises 1,900,000.00 during the fund stage
of Ben Franklin Technology Partners of
Southeastern Pennsylvania (“Ben Franklin”)
The Ben Franklin program will kick off on April 24,
including fintech concepts as diverse as point-of-sale solutions for healthcare payments, to administration of humanitarian aid, to management of college tuitions. Four of the eight companies are using fintech-based approaches to address environmental and social challenges.
20 Most Exciting Startups in Philly
What is a “real” company,
anyway? Figuring out which
companies are “real” and which
ones aren’t is key to productive,
relevant coverage of any tech
ecosystem. The term is often kicked
around in our newsroom when a
new company reaches out with an
update. “Are they real?” can also be
thought of as the question that
helps us keep tabs on the big companies of the future.
That’s why Technical.ly created the realLIST: a roundup of those companies whose moves we’ll
be tracking but, also, companies which have already proven to be real in their short lifespan.
And what exactly makes a company real? A bold idea is a good start. Are the founders hoping to
cash in on a buzzy market/space or are they, as Josh Kopelman (link is external) said, choosing
the big idea (link is external)?
MEET THE DISRUPTOR: FINPAY
The startup is rethinking the way healthcare is paid for with an oddly novel
concept: Making it easier for patients to pay their medical bills
Say you suffer an accident that
requires a two week hospital
stay. Even with solid insurance,
you’ll likely still be on the hook
for a $10,000 bill, due in about
three months. That’s a ludicrous
sum. But it’s a position that
millions of people find
themselves in every year.
That’s because hospitals, unlike virtually any other business you deal with in life, don’t offer useful payment plans. Often that means that patients simply don’t pay their bills, which wreaks havoc on their credit scores: Millions of Americans have unpaid hospital debt, which stays on a credit report for the better part of a decade. And the damage of that pales in comparison to another side effect of unpaid hospital bills.
CHRISWOLFINGTON CEO OF FINPAY, LLC. SELECTED TO
PRESENT AT VANGUARD’S LEADERSHIP 2016 ANNUAL OFFICERS’
KING OF PRUSSIA, Pa. – (April 21, 2016) –
FinPay, LLC, a financial technology and payments
company for healthcare providers, announced that
it has been selected to present at Vanguard’s
Leadership 2016 Annual Officers’ Conference.
“Leading in an Uncertain Future” is the theme of this year’s conference. The objective of the conference is to expose Vanguard leadership to potential disruptive technologies, such as FinPay’s offerings in the healthcare industry.
FINPAY selected to present its next generation patient financial management solution at
Vanguard’s 2016 leadership conference.
C.E.O at FinPay, L.L.C
THE HUFFINGTON POST
TOP STORIES AND OPINIONS
Christopher Wolfington, CEO of FinPay, L.L.C. and Chairman and CEO of C.M. Wolfington, L.L.C., is business leader and entrepreneur with business experience in payments, healthcare, technology, real estate, and over 19 years experience in the financial services industry.
Mr. Wolfington has applied his decades of payments and financial services expertise to the healthcare industry to assist healthcare providers to create a financial experience for their patients that mirrors the high quality clinical care patients have come to expect. FinPay, L.L.C. provides patient financial management solutions that provide patients with the education they need to understand their financial responsibilities and the payment options they want to make those financial obligations fit their household budget. FinPay continues to be a market leader in the Patient Financial Management Market.
Determined to utilize his entrepreneurial talent and keen eye for opportunity, Mr. Wolfington infused his passion, energy, capital, and entrepreneurial vision into numerous companies in the payments, healthcare finance, and financial services industries, including two initial public offerings (Casino & Credit Services & Telespectrum Worldwide). As part of this pursuit he founded, acquired, and/or divested numerous companies during his career, including Microfunds, Financial Payment Network,, MCA, Central Credit, Inc., Casino Money Centers, Strip Check Cashing, Central Credit Check Cashing, Available Money, iGames Entertainment, Landmark Group Holdings, and Check Holdings.
Mr. Wolfington continues to invest his time, capital, and resources in identifying opportunities in high growth markets with antiquated stale technologies & solutions.
Mr. Wolfington supports multiple charitable organizations, particularly focused on education, child development, and
the United States Military.
Christopher Wolfington is an entrepreneurial exec with broad experience in all aspects of Corporate management, including sales, mergers & acquisitions, marketing, accounting, capital markets, private placements, strategic planning, operations, and financial management.
Friends in Action: Former Board Member
Amigos de Jesus
Big Picture Alliance: Board Member
Sophia Jane Darr Chrildren's Foundation
Marine Corps Birthday Ball
Hearts & Hands of China
Preservation Society of Newport County
Independence Mission Schools
University of Scranton
Malvern Preparatory School
Youth Work Foundation
(Union League of Philadelphia)
Penn State THON
Kelly Rooney Foundation
Philadelpia Animal Welfare Society
Roman Catholic Church
The Philadelphia Country Club
The Union League of Philadelphia
CHRIS WOLFINGTON CEO of Finpay, LLC. SELECTED AS ONE OF
AMERICA’S TOP STARTUPS
KING OF PRUSSIA, Pa. – (April 21, 2016)
– FinPay, LLC, a financial technology and
payments company for healthcare
providers, announced that it has been
selected to present at the 2016 Angel
Venture Fair as one of America’s top
startups. As the oldest angel venture conference in the Mid-Atlantic region, the Angel Venture Fair is the annual consortium of private angel investors across the Mid-Atlantic region. The conference will be held April 26 at the Union League in Philadelphia.
FINPAY selected to present its next generation patient financial management solution at
Vanguard’s 2016 leadership conference.
--->IGAMES ENTERTAINMENT, INC. AND MONEY CENTERS OF AMERICA, INC. ANNOUNCE PLANS TO INCREASE CREDIT FACILITY
--->MONEY CENTERS OF AMERICA, INC. ANNOUNCES CLOSING OF ATM PROCESSING AND $40,000,000 VAULT CASH AGREEMENT
--->IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF
MONEY CENTERS OF AMERICA MERGER AND APPOINTMENT OF
CHRISTOPHER M. WOLFINGTON AS CHAIRMAN & CEO.
--->CASINO VETERAN DENNIS GOMES JOINS MONEY CENTERS of AMERICA'S BOARD of DIRECTORS
--->IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF AVAILABLE ACQUISITION TO PURCHASE AVAILABLE MONEY, INC.
--->Christopher Wolfington and his nephew/godson Jack Ziegler attend the Phillies National League Championship Series Playoff game in October 2010.
Money Centers of America Inc., announces Mobile and I-Gaming Payments & Verification Platform
September 27, 2012, King of Prussia, Pa. Money Centers of America, Inc. (www.moneycenters.com) a financial technology and payments company for land-based and online gaming operators, will introduce its Mobile and I-Gaming payments and verification platform at the G2E show in Las Vegas October 2-4, 2012.
--->Chris Wolfington attends an annual Golf Trip to world famous Pine valley Golf Club with host Chet Walsh and friends John Mullins, Tom Shallow, Chris Dutton.
--->Chris Wolfington, along with his son James and daughter Amanda, visit Athens and the beautiful island of Santorini to take in the significant historical monuments and experience the breathtaking sunsets.
--->Christopher Wolfington visits Naval Station Norfolk & Naval Station Oceana to spend time with Naval F/A-18 Super Hornet pilots and as a guest to the Blue Angels special air show for military personnel.
--->Christopher Wolfington attends the Philadelphia mummers Parade on
New Years Day.
Money Centers Of America's CEO Chirstopher Wolfington to Join Panel on Internet Gaming at 2012 Gaming Techonlogy Summit.
LAS VEGAS, NV--June, 11, 2012—It was announced today that Christopher Wolfington, Chairman & CEO of Money Centers of America, Inc. will join the prestigious panel of professionals discussing the future of internet gaming.Mr. Wolfington brings 19 years of financial services and gaming experience to the panel, lending insight on the payments and compliance hurdles that will face internet gaming operators and how operators can bridge the gap between their land-based, mobile, and internet gaming initiatives.
--->Christopher Wolfington and Money Centers of America co-worker Lauren Anderson attend a fundraiser for the Sophia Jane Darr Children’s foundation.
--->Chris Wolfington joins Phil Rapone and Mike & Rachel Odorisio at the the Neverland Ball to support the Sophie Jane Darr Children’s Foundation to raise money to provide financial assistance to families with children affected by cancer and other diseases.
--->Chris Wolfington and his daughter Amanda Wolfington volunteered to work at Amigos de Jesus, a boys orphanage in Honduras.
Money Centers of America Inc., Acquires Landmark Group Holdings Assets
June 4, 2012, King of Prussia, Pa. Money Centers of America, Inc. (www.moneycenters.com) announced Friday that it had acquired the assets of Landmark Group Holdings. The deal includes Landmark’s proprietary software and contracts with properties in Washington, Idaho, California, Colorado, South Dakota, and Nevada. The company will continue to operate under the Landmark name as a subsidiary of Money Centers.
--->Christopher Wolfington hosts family and friends to Cancun, Mexico at the luxurious Casa Magna Resort.
IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF MONEY CENTERS OF AMERICA MERGER AND APPOINTMENT OF
CHRISTOPHER M. WOLFINGTON AS CHAIRMAN & CEO.
LAS VEGAS, Jan 5 /PRNewswire/ -- iGames Entertainment Inc. (OTC Bulletin Board: IGME - News) today announced that the previously announced merger with Money Centers of America closed on Friday January 2, 2004. Following closing, iGames Entertainment appointed Christopher M. Wolfington as its new Chairman & CEO.
MONEY CENTERS OF AMERICA, INC. ANNOUNCES CLOSING OF ATM PROCESSING AND $40,000,000 VAULT CASH AGREEMENT
KING OF PRUSSIA, PA--JAN 24, 2005 -- Money Centers of America, Inc. (OTC BB:MCAM - News) today announced that it has signed an ATM processing and $40,000,000 vault cash agreement with Genpass, Inc.
IGAMES ENTERTAINMENT, INC. AND MONEY CENTERS OF AMERICA, INC. ANNOUNCE PLANS TO INCREASE CREDIT FACILITY
IGames Entertainment, Inc. (OTC Bulletin Board IGMS), announced today that Money Centers of America, Inc., which provides cash access and credit services to the gaming industry, is seeking to expand its current credit facility with Mercantile Capital, LP as a result of its proposed transaction with iGames. Mercantile Capital presently provides Money Centers with working capital and vault cash financing.
IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF AVAILABLE ACQUISITION TO PURCHASE AVAILABLE MONEY, INC.
LAS VEGAS, Jan. 7
PRNewswire/ -- iGames Entertainment
Inc. (OTC Bulletin Board: IGME - News) today announced that the acquisition of Available Money, Inc. closed effective January 6, 2004. The $6,000,000 purchase price was paid with a combination of cash and stock.
Money Centers of America Completes Phase 2 of
Recapitalization with New $7.25 Million Credit Facility
December 29, 2006—King of Prussia, PA— Money Centers of America, Inc. (OTC Bulletin Board: MCAM), a leading provider of cash access, transaction management systems, and financial networks for the gaming industry, today announced the completion of a $7.25 million credit facility replacing its existing facility with Baena Advisors and Mercantile Capital, which represents the second phase of the company’s planned recapitalization.
Casino Veteran Dennis Gomes Joins
Money Centers Of America’s Board of Directors
November 14, 2006—King of Prussia, PA— Money Centers of America, Inc. (OTC Bulletin Board: MCAM), a leading provider of cash access, transaction management systems, and financial networks for the gaming industry, today announced that 35 year casino veteran Dennis Gomes will be joining the company’s board of directors at the upcoming closing of phase II of the company’s recapitalization.
Money Centers Of America
Completes First Phase of Recapitalization
August 24, 2006—King of Prussia, PA— Money Centers of America, Inc. (OTC Bulletin Board: MCAM), a leading provider of cash access, transaction management systems, and financial networks for the gaming industry, today announced the completion of a $1.2 million equity raise with vFinance, which represents the first phase of the company’s planned recapitalization.
--->Christopher Wolfington with friends at Superbowl
Copyright ©2014-15 Aggregated Information about Chris Wolfington - Chris Wolfington is an entrepreneur and CEO of Money Centers of America