This article showcases our top picks for the best Oregon based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Oregon Fintech (Financial Technology) Companies
Simple is a web and mobile application that unifies various accounts into one accessible bank card. Rather than making money from different fees, Simple plans to split the net interest margin with its partner banks (the difference between the rate they lend at and the rate they pay to depositors), thus eliminating the incentive to push more confusing products at consumers.
Simple has more than 100,000 customers, processed $1.7 billion in annual transactions last year, and experienced 330% customer growth. Simple was launched by Alex Payne, Shamir Karkal, and Josh Reich in January 2009 and is based in Portland, Oregon..
CrowdStreet is a provider of online commercial real estate investment offerings and technology connecting investors with CRE firms. It is also a provider of online commercial real estate investment offerings, technology, and services in the country.
Its platform is giving more than 100,000 investors direct access to a broad range of institutional quality assets to diversify their portfolios.. .
Sila is the platform that powers modern financial apps. Sila gives you unparalleled ability to design a product where money movement can be tied to events within your platform, with just a few lines of code.
It’s also an out-of-the-box digital wallet for your customers that’s easy to set up. And there’s the normal money stuff too: Sila can make and receive ACH transfers, link bank accounts, and verify customer identity—all at a fraction of the cost of traditional bank partnerships..
Bumped is a tech company building one-to-one relationships between brands and their customers. They partner with brands to give their customers free stock or ETFs for their purchases, turning loyal shoppers, and spenders into shareholders.
They give the everyday person access to the stock market while aligning brands with the people who matter most; their customers. Bumped is available in the U.S., and proudly built in Portland, Oregon.
The company’s app gives consumers the power to turn their everyday spending into free stock ownership, and we have a suite of tools to help businesses reward their customers in fractional shares of stock. Consumers, say hello at bumped.com! Brands can learn more about partnering at bumpedforbrands.com..
Nvoicepay is a fintech platform that delivers strategic payment solutions to automate accounts payable. They enable customers to pay 100% of their invoices electronically while realizing the financial benefits of payment optimization.
It streamlines the way companies pay their accounts payable invoices through electronic payments. By paying the right suppliers with the right payment type at the right time, their cloud-based technology and vendor payment services help customers reduce costs, increase efficiencies, and maximize card rebates, all with minimal effort.
They offer an intelligence-driven payment automation solution purpose-built for the most complex enterprises.. .
Mirador is the leading front-end small business lending platform supporting established lenders with borrower acquisition, digital application, decisioning, and borrower communication. Mirador leverages a streamlined, delightful user experience to create profitability and efficiencies in the lending process, giving traditional lenders the edge they need to compete.
Mirador’s core lending platform can be supplemented with two modules that support highly prequalified lead generation and a second look program, enabling lenders to implement or expand a fully functioning small business loan program with a single trusted partner. Through the implementation of Mirador’s core platform, lenders have seen a 69% increase in efficiency in the small business lending process and an average reduction of $1550 in the cost to originate a loan, supporting greater profitability in the small business lending business unit.
Mirador supports small business lending products including term loans, collateralized loans, SBA guaranteed loans, commercial real estate, and quick decision or docless loans, from $1k-$20M+.. .
Vesta enables e-commerce companies to grow their businesses by focusing on revenue rather than risk, with its zero-risk and zero-liability payment guarantee. The company’s real-time decisioning platform – built on data science and machine learning – analyzes customers’ online payment transactions to assess the risk of fraud.
Today, Vesta provides its service to partners in the telecommunications and e-commerce industries and allows merchants to integrate through shopping cart plug-ins, including Magento, Shopify, Salesforce, WooCommerce, BigCommerce and SAP Commerce Cloud.. .
Genesis Financial Solutions
Genesis Financial Solutions provides consumer financing options for merchants and service providers in the United States. The company specializes in acquiring, originating, and servicing non-prime consumer assets.
The company was founded in 2001 and is based in Beaverton, Oregon.. .
Vault is an investment platform that provides retirement plans for businesses. The company offers its clients’ employees all the tax, savings, and retirement benefits of a typical 401(k) company.
Vault’s Traditional and Roth IRAs help employees plan for retirement without an employer sponsored plan. The platform was launched in 2015 by Stefano Listella and Randy Fernando.
It is based in Portland, Oregon.. .
Facteus is a provider of actionable insights from financial data. Through its innovative, patent-pending synthetic data process, Facteus safely transforms raw financial transaction data from legacy technologies into actionable information, which can be used for machine learning, artificial intelligence, data monetization and other strategic use cases, without compromising data privacy.
The company’s data products have been gathered directly from over 1,000 financial institutions, payment companies, fintechs, and debit card programs, giving business and investment executives access to the “truth” of actual consumer financial transactions, not just general trends.. .
BuildingBits is the first company to have been qualified by the SEC to allow anyone with as little as $100 to chose a building and make an equity investment in commercial real estate. Put your money to work! Bringing Liquidity to Commercial Real Estate at last! Because the offering has been qualified by the SEC the BITs purchased by investors through BuildingBits platform is fully tradable and transferable from day one! Founded in 2016 by a team of successful entrepreneurs combining 125 years of experience and cross-industry expertise, was launched with an ambitious goal: revolutionizing the commercial real estate industry.
Disrupting centuries-old real estate practices, the enterprise developed a remarkably innovative business model that allows for the “democratization” of commercial real estate, a highly capital-intensive asset class. Harnessing the power of the masses through cutting-edge technology, the company allows small investors to acquire shares in income-producing commercial real estate of their choice – an investment opportunity available only to ultra-high net worth individuals and institutions until now..
**Business intelligence and shorter sales cycles for the contract process.** Glider takes the pain out of managing sales contracts and brings visibility to the “last mile” of the sales funnel. Glider provides finance and executive leadership with objective insight into which contracts will actually be signed by quarter-end, how many contracts are waiting on legal, how many are stuck in negotiations, and how many are out for final customer signatures.
Glider reduces close times for reps by taking the focus away from process and putting it back on prospects. Companies can quickly create customizable workflows, setup contract approvals, collaborate on clause negotiations, and ultimately get e-signatures.
**Primary benefits include:** • Shorter sales cycles • Better tracking and reporting for Finance • Objective KPIs for Sales, Finance, and Legal The company is backed by True Ventures, CrunchFund, TechStars, Portland Seed Fund, and a handful of first-class angel investors.. .
Zingo is a technology company that specializes in aggregating and furnishing consumer credit data. Its platform autonomously collects historical and reoccurring payment data via a secure, cloud-based portal for seamless non-traditional credit reporting.
It had also developed an automated validation process to quickly secure verification data for non-traditional credit reporting.. .
Steamchain Corp (steamchaincorp.com) is a Fin-Tech company that simplifies global B2B payments in the multi-trillion dollar shipping and logistics industries. Our patent pending solution dramatically reduces the high cost of currency conversion and currency fluctuation risk in a low margin industry.
Our secure platform allows clients to create smart contracts (e.g. transactions) with a programable payment method in the country currency of their choice.
Our technology road map calls for AI to help enhance our customer experience as well as reduce cost. We have onboarded multiple billion dollar clients and are actively ramping our revenue.
Cascadia Carbon started in January 2019 and is a US/Canadian corporation located in Portland, Oregon. Makers of CODEX, an automated, crowdsourced carbon offset generator, their first product is an app which allows previously excluded individuals to generate their own offsets, and track their emissions, opening this historically-closed carbon offset market to individual participation.
Their limited Canadian subsidiary headquarters is in Vancouver, BC, while their US-headquarters is in Portland, Oregon.. .
Iovation provides online businesses and their global end users with device-based authentication and mobile security solutions for fraud and risk prevention. It protects its customers through a combination of advanced device identification, shared device reputation, and real-time risk evaluation.
It helps online businesses reduce financial losses from fraud and abuse while increasing operational efficiency. The company also provides a shared platform which enables businesses to benefit from the collective experience of others.
It offers its services to the retail, financial services, insurance, social network, and other sectors. Iovation was founded in 2004 and is based in Portland, Oregon..
Umpqua Holdings Corporation operates as the holding company for Umpqua Bank and Umpqua Investments, Inc. that provide commercial, and retail banking and brokerage services to corporate, institutional, and individual customers in the United States.
The company operates in three segments: Community Banking, Home Lending, and Wealth Management. The Community Banking segment offers loan and deposit products to business and retail customers.
The Home Lending segment originates, sells, and services residential mortgage loans. The Wealth Management segment offers a range of retail brokerage services and products to individual investors, and high net worth individuals.
Its deposit products comprise non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit. The company offers loans for business and commercial customers, including accounts receivable and inventory financing, equipment loans, international trade financing, real estate construction loans, and permanent financing.
Its loan products also consist of small business administration program financing, and loans for small and mid-sized businesses; industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans, including secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. In addition, the company provides asset management services; and technology-based services, such as remote deposit capture, online banking, bill pay and treasury, mobile banking, voice response banking, automatic payroll deposit programs, ATMs, and product kiosks.
As of December 31, 2012, it operated commercial banking centers in 200 locations. Umpqua Holdings Corporation has strategic alliance with Ferguson Wellman Capital Management.
Third Party Trade
Third Party Trade provides the core features of an online brokerage through a REST-based API platform. It aims to empower the world to invest, from anywhere, on any device.
It supports any type of product concept, pricing model, and delivery method.. .
Seedpay helps local merchants get more out of their day by delivering financial services that are 100% insured against chargebacks and fraud. Our mobile payment solution enables quick and easy in-store, online, and business payments that include customer loyalty to help you grow.
We work with in-state banks to enable financial services that are built for local businesses. Unlike traditional payment methods Seedpay has built a more reliable, secure, insured and efficient payment infrastructure that does not run on the legacy Visa/Mastercard infrastructure.
Get back to building your business and attracting more customers with Seedpay.. .
Our mission at NestEgg is to revolutionize the way modern families prepare for the future. NestEgg is a modern trust fund that allows any family to invest in their children, on any budget.
With the NestEgg app, any family member can create an account in minutes, round up change, crowdsource donations, and watch it grow over the child’s lifetime, for the price of a pack of gum. At NestEgg, we are using technology to remove barriers to financial health, democratize financial tools, and make it possible for every family to get ahead..
Pre Approve Me App
Pre Approve Me App generates property-specific loan preapprovals for lenders, real estate agents, and homebuyers. The application enables loan officers to obtain loan preapprovals for their clients within minutes, as well as track all paperwork involved in the mortgage transaction process.
Further, the application offers a customized debt-to-income ratio calculator that inputs all relevant buyer info and assesses whether they qualify to buy a particular home, a customized preapproval letter that can be ordered directly from the app, eliminating the buyer’s need to contact their loan officer; a milestone tracker that updates buyers and real estate agents on the progress of the loan application; a snap scanner function that enables buyers to use their smartphone camera to take pictures of any outstanding paperwork and converts it to a PDF for the loan officer; and a contact tab that puts buyers in touch with their real estate agent or loan officer. Pre Approve Me App was launched in 2013..
Mimble enables gifting within a bank’s mobile app. Through our tech, users can buy and send digital gift cards via their bank.
Creating a better banking experience isn’t about massive change, it’s about bringing day-to-day, ongoing relevancy to the bank. At Mimble, we’re bringing a more human experience to banking..
NetworthIQ is a financial company. It operates as a social personal finance manager that allows its users to track, share, and compare their net worth.
It is designed to monitor and calculate a company’s net worth. NetworthIQ was founded by Jeff Wobbe, Ryan Williams, and Todd Kalhar in 2005; and is headquartered in Portland, Oregon..
Use The Power of Technology to Reach More Investors and Raise Capital Faster InvesTechs is a digital marketing agency that specializes in raising investment capital for established real estate developers, growth-stage startups, broker-dealers and managed investment funds. Our team uses a multi-faceted approach to bring efficiency and transparency to your investment process: • Custom investment platforms that utilize cutting edge financial technology • Modern marketing strategies that put your offering directly in front of your ideal investor • Lead conversion tactics to ensure you can close deals faster • Investor management systems to help you manage your stakeholders Are you ready to raise capital? Increase your ROI by working with us.
www.InvesTechs.com #UnlockTheFuture. .
Peoples Credit purchases auto finance contracts from auto dealers. The company makes it easier for their customers to make their payments on time, customers can make their payments directly and accepts debit or credit cards, or personal check right at their website.
It was established in Gresham, Oregon.. .
CardPower is introducing the first self-enrolled free debit card rewards program where it doesn’t matter where you bank. Customers can enroll for free and start earning points regardless which bank their debit card belongs.
Launched in 2010, CardPower fills a void in the debit card rewards industry. With the increasing use of debit cards the demand for a debit card rewards program is growing.
Today bank offerings for debit card rewards are either too costly or are not compelling to cardholders. CardPower gives cardholders an option to enroll in a rewards program unrelated to their bank and designed with the customer in mind..
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