Ohio Judge Dismisses Lawsuit Against Fintech Platform, Hello Alice

Hello Alice, a fintech platform dedicated to supporting underrepresented entrepreneurs, has emerged victorious in a lawsuit filed by America First Legal, which sought to undermine the company’s mission of providing equitable access to capital and resources.

The dismissal of the case by a federal judge in Ohio marks a significant milestone for Hello Alice and the broader small business community in the United States. “This resolution marks a pivotal moment not only for our company but for the broader small business community in the United States,” Elizabeth Gore, co-founder and President of Hello Alice, stated in a press release. “Facing a labor shortage, heightened interest rates, and inflation, this country needs its small business owners, and they, in return, need the capital and resources that programs like Hello Alice provide. We are thrilled for the judgment in favor of Hello Alice, as this represents one less threat to our nation’s small business community and economy.”

Lead

counsel Neal Katyal, representing the fintech platform, believes the dismissal is crucial for diverse small businesses competing in today’s economy. The decision has further propelled the company’s mission to foster an inclusive ecosystem where every entrepreneur has the opportunity to thrive.

Hello Alice has experienced significant growth, closing its Series C venture raise and expanding its community to support 1.5 million small business owners.