It’s been more than three years since a concept to encourage high-net worth Americans to invest in economically distressed areas was introduced and later passed with bipartisan support as part… Read More
When Tori Dunlap was 9 years old, she started running her own business — a vending machine company, in which she learned the ins and outs of managing machines, candy… Read More
Big Tech spent back-to-back days in the national spotlight this week between a long-anticipated Congressional hearing and second-quarter earnings reports. The juxtaposed events paint a revealing picture of the risks… Read More
Companies that offer digital services or sell goods online are seeing a huge surge in demand from customers under widespread shutdown orders, while other businesses are being pummeled by the… Read More
Amazon’s net sales rose 26% to $75.5 billion in the first quarter, exceeding Wall Street’s expectations as people around the world relied on the company’s massive e-commerce infrastructure during the… Read More
A small business owner in Seattle waited nearly 12 hours to speak with a representative at her credit union, seeking to apply for a federal relief program designed to mitigate… Read More
Editor’s note: The GeekWire Awards are now virtual on July 23. Watch live below. Pacific Northwest entrepreneurs have long complained about the challenges of securing funding compared to nearby Silicon… Read More
Transparent Systems announced its launch Wednesday following months of quiet fundraising and product development since the spinning out of Vulcan in 2018. The heavily-funded Seattle startup is finally ready to… Read More
Amazon disclosed new details about its U.S. taxes for 2019 in public financial documents and a blog post Friday morning, saying its federal income tax expense for the year was… Read More
New funding: Seattle-based Shield Compliance raised $5 million in Series A funding to build out its platform that helps pot companies and banks get along. Lead investor: The round was… Read More
Seattle-area startups are building fintech offerings centered around communities like churches, schools and foreign workers. Church fundraising tech startup Subsplash climbed 29 spots on the GeekWire 200 this month, illustrating… Read More
Ask just about any financial advisor and they’ll tell you that you should have a will — but more than half of Americans don’t. Seattle startup Tomorrow wants to make… Read More
The real estate industry has undergone dramatic shifts over the past few years thanks to tech companies such as Zillow and Redfin, but some aspects of the industry haven’t changed… Read More
TransferWise. WorldRemit. And now Remitly. Seattle-based Remitly announced a $220 million cash infusion late Tuesday, becoming the third mobile remittance company in the past two months to raise more than… Read More
Drivers around the world are striking and protesting Wednesday in response to Uber’s initial public offering in a dispute that highlights the growing divide between the booming tech industry and… Read More
Possible Finance has access to another chunk of cash to supercharge growth of its mobile-only loan program. The Seattle startup just landed a $30 million credit facility from Park Cities… Read More
Many Seattle tech workers are suddenly considering real estate investments, thanks to a new federal tax incentive. SmartCap Group says it’s ready with an opportunity for them. The Redmond, Wash. real… Read More
Apple CEO Tim Cook lowered guidance for his company’s first-quarter earnings on Wednesday, writing a letter to investors that cited China’s weakening economy and trade tensions with the U.S. as… Read More
Remitly today announced a major expansion, expanding its mobile remittance service to 40 countries across the world. That’s up from 26 countries previously and is a sign of Remitly’s continued… Read More
Uber has filed preliminary documents to take the company public in 2019, with a goal of debuting in March or April, sources told The Wall Street Journal. The ride-hailing company’s… Read More
When Congress enacted sweeping changes to the tax code in 2017, Allen Alley paid close attention. The technology investor and former Republican candidate for governor of Oregon was specifically interested in… Read More
The University of Washington’s innovation arm is partnering with the state’s largest non-profit credit union to launch a new fintech incubator. BECU and CoMotion this week will open the BECU… Read More
Around 70 million Americans have bad credit scores, which makes it expensive and often even impossible for them to get a credit card or take out a car or home… Read More
Zillow Group is acquiring Mortgage Lenders of America in its quest to own more of the home buying process. The Seattle real estate juggernaut announced the acquisition with its second-quarter… Read More
Alex Day had already been chatting about getting into real estate with his colleague, Jai Sim, at the lunch delivery startup Peach, when he went through a process that changed… Read More
Lyft has raised a $600 million investment round led by Fidelity Management & Research, the company announced Wednesday. The fresh cash brings the ride-hailing app’s valuation to $15.1 billion. That’s about… Read More
Tony Huang was inspired to create Possible Finance because “it’s so damn expensive to be poor.” The Seattle startup just launched its first product, a small sum loan that can be… Read More
Expedia Group generated $2.5 billion in revenue in the first quarter across all of its brands, and $27.2 billion in gross bookings during the quarter, beating analyst expectations. The Bellevue,… Read More
Update: The Senate removed the provision that would have taxed stock options at vesting, rather than exercising, in a revised version of the tax plan released Tuesday. A section of the… Read More
Expedia posted $2.97 billion in revenue, a 15 percent increase over the same time last year in its third-quarter earnings report Thursday. Gross bookings increased 11 percent year-over-year to $22.2 billion,… Read More