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Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. It also announced today that it has added two new markets to its platform: Portland and Washington, D.C.,

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. The Security Threats Facing ITMs And How FIs Can Protect Them. Deep Dive: Keeping Digital-First Banking Secure With AI, Biometrics.

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For This Startup, Scale Was A Matter Of Necessity

PYMNTS

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

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Accelerating To The Future?

PYMNTS

And the financial benefits of these accelerators may only be the start of the equation, at least according to Joe Munk, program manager at the Portland State University Startup Accelerator in Oregon. He recalled a wearables firm that had been through the Portland State accelerator program two years ago, called ATBM.

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Verizon Buys Drone Operator

PYMNTS

16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company.

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A Continued Decline in Housing Inventory

TrustBank

By metro region, active listings as of May 2021 were as follows: Boise City, ID - 903 (down 62.1%) Portland-Vancouver-Hillsboro, OR-WA - 2,824 (down 54.7%) Spokane-Spokane Valley, WA - 445 (down 68.8%) Seattle-Tacoma-Bellevue, WA - 2,898 (down 47.7%).

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. After Amazon managed to turn the retail ecosystem’s collective head with its announcement that it would be acquiring the nation’s sixth-largest grocery chain, Whole Foods Market.

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