Clockwise from top left: Henny Damian, Co-Founder and CEO of Joola; Stacie Whisonant, co-founder of PYT Funds; Will Rush, Co-Founder and CEO of Stack; and Luke Moberly, Bumper CEO.
Four Seattle startups have won a spot in a financial technology incubator run by banking firm BECU and CoMotion, the University of Washington’s innovation arm.
The year-long program provides support, training, mentoring, and space to fintech innovators in the Seattle area, 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 bonus app for friends and family to gain access to capital. Members can create an existing co-savings group or join an existing one. Each group member makes the same contribution and one member receives a flat rate after each cycle. It ends when all members receive payouts.
- Pay Your Tuition Funds is a platform that connects families and banks to fund higher education. It brings users together solutions that suit their needs.
- Bumper is a long-term investing app that aims to make investing easier for Gen Z members. It enables users to invest in a safe environment while developing healthy investment habits.
- Stack is an application programming interface between brands and brokerage firms to authenticate a user account and submit trade order requests on behalf of the client.
The four startups join the previous Incubator participants Noonum, Routable, Attunely, Fincluziv, Cozera, flub and QUUE.