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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

Portland 150
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Accelerating To The Future?

PYMNTS

Startups often need the resources — including the capital, equipment and expertise offered by these organizations — to stay afloat in an increasingly competitive marketplace. We also give them access to capital by facilitating connections to venture capital funds and local angel investors.”. Working with the big boys.

Portland 100
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Circle With Disney Nabs $10M In For Parental Control Device

PYMNTS

According to TechCrunch , the Portland-based startup had previously raised $800,000 in startup capital and $3 million in convertible notes, as well as $1.5 million raised in November 2015.

Portland 100
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Vacation Rental Startup Vacasa Clinches Funding

PYMNTS

The biggest investment of the week came in the form of 51credit.com, where the Chinese credit card management outfit garnered $84 million from Harvest Capital and Yintai Group. The credit facility also allows for the company to access additional working capital. This week started off with a bang for Portland, Ore.

Portland 100
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Impact Roadshow | Portland, OR

Filene

Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change. We'll walk through some of Filene's latest programs, and the research and innovation behind them. Filene's impact always begins with research. Filene Feedback | Linda Young.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Amy Nelson, Chief Executive Officer, Point West Credit Union, Portland, OR. William Howle, Head of U.S. Retail Bank, Citibank, New York, NY. Ruhi Maker, Senior Attorney, Empire Justice Center, Rochester, NY. Academic Research Council Members.

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CashStar Raises Capital: New Investment Boosts Total to $50 Million

Fintech Labs Insights

A $15 million Series D round led by FTV Capital has boosted the total capital of prepaid solutions provider, CashStar , to $50 million. New investor Mosaik Partners and current investors, Passport Capital, Intel Capital, and North Hill Ventures also participated.

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