Four Seattle startups have won a slot in a financial technology incubator run by banking company BECU and CoMotion, the innovation arm of the University of Washington.
The year-long program provides support, training, mentorship and space to fintech innovators in the Seattle region, which has a growing fintech ecosystem.
The winners of the third-annual competition are Joola, PYT Funds, Bumper and Stack.
- Joola is a savings and rewards app for friends and family to build access to capital. Members can create or join an existing co-savings group. Each group member makes an equal contribution and one member receives a lump sum after every cycle. It ends when all members receive payouts.
- Pay Your Tuition Funds is a platform which connects families and banks to finance higher education. It matches users with solutions that fit their needs.
- Bumper is a long-term investing app aimed at making investing more accessible to members of Generation Z. It allows users to invest in a secure environment while developing healthy investment habits.
- Stack is an application programming interface between brands and brokerage firms to authenticate a user account and transmit trade order requests on behalf of the customer.
The four startups are joining previous incubator participants Noonum, Routable, Attunely, Fincluziv, Cozera, flub, and QUUE.
