The news: Seattle-area financial services technology startup PortX landed $16.5 million in fresh cash. Investors: The Series B funding round was co-led by Seattle-area venture capital firm Fuse — which just… Read More
Guest Commentary: Fintech entrepreneurs in the US face many challenges when taking their products to market. They have to contend with outdated regulations that sometimes leave them operating in a… Read More
Remitly, the well-funded Seattle startup that helps people send money overseas, is expanding beyond remittances for the first time and launching a new banking service designed specifically for immigrants. The… Read More
New funding: Seattle-based Shield Compliance raised $5 million in Series A funding to build out its platform that helps pot companies and banks get along. Lead investor: The round was… Read More
Ask just about any financial advisor and they’ll tell you that you should have a will — but more than half of Americans don’t. Seattle startup Tomorrow wants to make… Read More
Bank customers who have already embraced technology as a way of handling their transaction needs could be lured offline and back into a retail branch if one cute robot has… Read More
For some low-income workers, short-term fringe loans — coming from payday lenders and check cashing services — are a fact of life. But that doesn’t mean they feel good about taking… Read More
Remitly, a mobile platform that makes it easier for customers to send money abroad, is expanding its footprint in Latin America. The Seattle company announced a partnership with international remittance processor… Read More
As Chief Marketing Officer of Simple, Michelle Broderick’s job is to convince customers that the online banking service offers something completely different than the financial institutions they’re used to. “My… Read More
Kimberly Amundson’s passion for international service began at a young age. The Bellevue, Wash., native participated in a yearly home-building project in Ensenada, Mexico, and the experience ignited a life-long career… Read More
Can someone cash your check more than once? Yes, thanks to the intersection of very old and very new banking technology. Impossible until recently – payees formerly were required to… Read More
Simple, the Portland-based banking startup that was acquired by BBVA for $117 million in February, has signed a unique multi-year sponsorship deal with the Portland Timbers MLS club. Simple’s logo… Read More
Context Relevant CEO Stephen Purpura has a simple message as a screen saver on his computer: “Don’t mess it up.” And so goes the no-nonsense motto of the Seattle startup,… Read More
It’s hard to believe that Simple became available to customers only one year ago. The online-only banking startup, which started in New York and made the move to Portland, set… Read More
Social commerce is about ease. And what’s easier than using a hashtag to make a purchase? Today American Express, in conjunction with Twitter, is launching a program built on that… Read More
When a company providing financial services emphasizes digital convenience, you’d think that also applies to its customer service. After all, nearly every major bank and credit union pushes online banking,… Read More
Booyami, a Seattle area startup that’s looking to streamline aspects of the banking process, has raised $905,000 in startup capital, according to a SEC filing. The company, which operates under… Read More
Ready, set, invest. By August 31, Lighter Capital will pump $500,000 into a new business no matter how awful the investment opportunity. The Seattle firm, formerly known as RevenueLoan and… Read More
It’s always been exceptionally tough for high-growth companies to attract traditional bank financing. But it became next to impossible after the financial meltdown. The tight lending climate is creating an… Read More
