Rising interest rates caused by recent inflation may hurt traditional lenders, but some tech-fueled financial companies are seeing tailwinds. Tony Huang, CEO of Seattle consumer credit startup Possible Finance, said… Read More
The news: Possible Finance, a Seattle startup that offers loans, just raised an additional $20 million and plans to launch a new credit card. The details: The company got its… Read More
Possible Finance was growing fast and ready to raise more venture capital. Then COVID-19 hit. “It immediately made fundraising much more difficult than anticipated,” said Tony Huang, CEO and co-founder… Read More
— Possible Finance, a Seattle startup that runs a mobile-only loan program, made two executive hires amid rapid growth for the company. The new head of growth at Possible is… Read More
Possible Finance is on a roll. The Seattle startup that provides small-dollar loans is rapidly growing its business and has more than 150,000 people on its waitlist. Now the company… 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
Airbnb hired Fred Reid to be global head of transportation, a role that will focus on building partnerships and services around travel. Reid joined from Kitty Hawk, where he led… Read More
When Tony Huang and his co-founders launched Possible Finance last year, the entrepreneurs originally thought they’d be competing with traditional payday lenders. Turns out that the market for their tech-infused… 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
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