Bank Innovation
APRIL 1, 2016
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.
PYMNTS
NOVEMBER 29, 2016
With more than 700 now in operation across the United States, small business accelerators are becoming increasingly crucial engines of the U.S. Startups often need the resources — including the capital, equipment and expertise offered by these organizations — to stay afloat in an increasingly competitive marketplace.
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PYMNTS
AUGUST 23, 2018
Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle. It also announced today that it has added two new markets to its platform: Portland and Washington, D.C., putting it on track to be in 12 major U.S. markets by the end of 2018. There are also plans for global expansion in 2019.
PYMNTS
APRIL 6, 2020
Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days.
PYMNTS
AUGUST 8, 2018
The additional expenditures will raise gross capital spending to between $115 million and $120 million, up from the previously forecast $90 million to $100 million. Chief Financial Officer Jeffrey Lawrence told analysts that labor costs at its corporate locations ticked up a bit by 0.5
PYMNTS
MARCH 22, 2017
And while the vision of appealing to a mature palate was clear to Marvil and Jones, when it came to actualizing their business idea, the strenuous process would take them down a long, winding road that started with mapping out the scale of their operation before finding the right real estate. “We Portland, Ore. Growing Thirst for Suds.
Fintech Labs Insights
JUNE 24, 2016
The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. Passport CEO Bob Youakim said that the capital infusion would help speed the company’s growth and expansion both in the U.S. The new investment takes Passport’s total funding to $17 million.
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