.

Tag: azlo

A financial solution to help people through times like these: quin

Rick Turoczy on January 27, 2021

The once flourishing Portland startup fintech community has had some unfortunate setbacks, as of late. Acorns, Simple, and Azlo are no longer here. And while companies like Expensify and Bumped continue to grow, we haven’t seen a great deal of activity of up and comers, lately. Until now. Created by startup fintech veterans with more than 60 years experience as a team, we now have a new Portland fintech startup to watch: quin.

Read More

Not so Simple: Taking on established banking was no small feat

Rick Turoczy on January 7, 2021

As mentioned previously today, Portland’s Simple is being shuttered by acquirer BBVA ahead of PNC completing the acquisition of BBVA USA properties. Not only did the move adversely impact many of our fellow Portlanders and the Portland fintech community — as did the similar shuttering of Azlo today — but it also marked the end of a banking story of David and Goliath proportions. Where Goliath won.

Read More

Apparently it’s not just Simple. Azlo — another Portland fintech player — is getting shut down, too.

Rick Turoczy on January 7, 2021

Earlier today, Portland’s Simple — one of the companies that helped inform this generation of the Portland startup community — announced that they were shutting down. But unfortunately, they’re not the only Portland fintech affected by the BBVA USA sale to PNC. Azlo — often referred to as “Simple for business banking” — which also has a significant Portland presence and was part of the BBVA-PNC deal, is being shut down, too.

Read More