Oklahoma payday loans

This Seattle fintech startup simply raised $11M on Zoom and shifted to a totally distributed workforce

“It immediately made fundraising significantly more difficult than expected,” stated Tony Huang, CEO and co-founder regarding the 3-year-old startup that operates a high-tech loan service that is small.

Nevertheless the business wound up connecting — over Zoom calls, no less — with New York-based Union Square Ventures, which ultimately led a $11 million round for potential. It had been the first deal the well-known firm completed over video clip conferencing.

Feasible announced the funding that is new, along side $80 million with debt funding from Park Cities Advisors to help supercharge its company.

Created in 2017, Possible provides loans all the way to $500 and is comparable to payday loan providers, however with some differences.

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