Independence Bancshares (IEBS) in Greenville, S.C., has $14.1 million in new capital and freshly minted chief executive.

The company said in a regulatory filing Monday that it sold about 17.6 million shares of common stock in a private placement that involved 13 buyers. The company said it sold the stock to improve capital levels at its bank and to finance opportunities in banking, consumer finance, payments and mobile banking. Independence National Bank is operating under a consent order with the Office of the Comptroller of the Currency.

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