Inevitably, fraud piled up, bad things happened, wrongdoing may have occurred, and Blueacorn was somehow paid a billion dollars for its work. In the eyes of investigators, this apparently qualifies as a fintech.Īs 1.7 million loan applications poured in to Blueacorn, the company then relied on an affiliated company that hired friends and family members that had little to no experience and got virtually no training to process the loans. This highly technologically advanced company consisted of “off-the-shelf fraud screening software” and a “single direct employee who assisted with processing PPP applications,” according to the report. According to the report, the CEO and co-founder of Blueacorn was in the business of selling cell phone accessories until he founded Blueacorn for the singular purpose of facilitating PPP loans. Of course everyone knows Blueacorn because they… oh wait, they probably don’t because up until April 2020 Blueacorn did not even exist. How this happened is laid out in 130 pages of detail that seemingly puts the brunt of the blame on Blueacorn, a purported fintech that was paid $1 billion in SBA processing fees for its role in facilitating PPP loans. The data presented on this page does not represent the view of Blue Acorn iCi and its employees or that of Zippia.īlue Acorn iCi may also be known as or be related to Blue Acorn, Blue Acorn iCi, Blue Acorn, LLC and iCiDIGITAL, Inc.According to a newly published congressional committee investigative report, fintechs facilitated PPP fraud. None of the information on this page has been provided or approved by Blue Acorn iCi. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Blue Acorn iCi. Zippia gives an in-depth look into the details of Blue Acorn iCi, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Blue Acorn iCi. The first company of its kind to pioneer what's possible through the convergence of analytics, digital commerce, customer experience, and experience driven commerce (XDC) services. The Organization’s Mission ICi is a leading digital customer experience company that solves problems and delivers results.
#BLUE ACORN APPLICATION PROFESSIONAL#
Blue Acorn iCi is a medium professional company with 365 employees and an annual revenue of $6.1M that is headquartered in Charleston, SC. Want to compare Blue Acorn iCi to some other great places to work in Charleston, SC? We suggest taking a look at Zippia's list of Best Companies to Work For in Charleston, SC.
Founded in 2008, Blue Acorn iCi is an established company that loves to hire graduates from College of Charleston, with 17.2% of its employees having attended College of Charleston. Blue Acorn delivers innovative ecommerce solutions to clients such as Everlast, Le Creuset, Rebecca Minkoff and Ticketmaster from its office in Charleston, South Carolina. Committed to making data-driven decisions, the company maintains certified partnerships with Google Analytics, Monetate, Optimizely and Qubit. Founded in 2008, Blue Acorn is a Salesforce Commerce Cloud Partner and a Magento Enterprise Solutions Partner. Blue Acorn iCi is a premium ecommerce agency dedicated to helping retailers and brands achieve revenue growth through data-driven design, development and optimization.
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