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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

(Archway Photo) Key Takeaways Archway , spun out of Washington Federal (WaFd), provides digital banking infrastructure to regional banks. The Seattle-area startup raised $15 million in a round co-led by WaFd Bank and Madrona Venture Group. The goal is to help community banks stay competitive with giants like J.P

Banking 122
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Remitly reports $458M in 2021 revenue, up 78%, as remittance company suspends service in Russia

GeekWire

The Seattle-based company offers a mobile platform for sending money internationally, used heavily by immigrants and their families. EU, and other allies this week cut Russian banks off from Swift , an international payment communication system that helps facilitate transactions. Full-year revenue for 2021 came in at $458.6

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Tech Moves: Expedia and F5 Networks add board members; Madrona principal departs; and more

GeekWire

Buse previously served as co-CEO and CEO of Monitise, a global mobile banking and payments company, from 2014 to 2015. Former Rover and Cheezburger CTO Scott Porad is now vice president of engineering at Seattle virtual healthcare startup 98point6. based drugstore.com, which was acquired by Walgreens in 2011 for $429 million.

Network 122
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Seattle area boasts 10 fast-growing unicorns: Can you name the billion dollar startups?

GeekWire

Co-founder and CEO : Nick Huzar, former product manager at T-Mobile and CTO at Konnects. Founded : 2011. Co-founder and CEO : Matt Oppenheimer , head of mobile and internet banking initiatives at Barclays Kenya. Founded : 2011. Valuation : $1.4 billion (as of August 2019). GeekWire 200 rank : No.

CTO Hire 141
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AWS re: Invent - All Things Distributed

All Things Distributed

Jeff Bezos 2011 Letter to Shareholders. CTO - Amazon.com. We are creating powerful self-service platforms that allow thousands of people to boldly experiment and accomplish things that would otherwise be impossible or impractical. And enough food for thought for everyone about how to continue to reinvent. Contact Info. Werner Vogels.

Hotels 98
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Apple’s App Store fees are ‘highway robbery,’ says House antitrust committee chair

The Verge

David Cicilline (D-RI) joined The Vergecast along with Basecamp CTO David Heinemeier Hansson to discuss the plight of Hey, Basecamp’s new $99-a-year premium email service. You can’t compete in software today if you’re not available on mobile devices, and Apple just controls one part of that duopoly.”. This isn’t about economics.

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