CollinStar Capital

Welcome Technologies, | May 29, 2020

Welcome Technologies announced the launch of a bank account in partnership with Green Dot Corporation. The account and Visa card, PODERcard, aim to help close the banking gap for immigrants and will be offered first to U.S. Hispanic consumers. ...

IBM | January 22, 2020

The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks from a virus outbreak in China. International Business Machines Corp shares jumped 3.5% after the company forecast full-year profit above market expectations on strength in its high-margin cloud computing business. Technology stocks, which have played a pivotal role in Wall Street’s recent record run, rose 0.8%, with chip stocks gaining ...

Sila | April 09, 2020

Sila, the banking and API payment platform set up by former Simple co-founder Shamir Karkal, has closed a $7.7 million seed funding round. The round is co-led by VC firms Madrona Venture Group and Oregon Venture Fund, with support from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, and investor & entrepreneur Jerry Neumann. Sila launched its Infrastructure-as-a-Service (IaaS) platform in April 2019 to help companies integrate their business applications wi...

CORE BANKING

Alkami | April 13, 2022

Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced that Mascoma Bank ("Mascoma") has selected Alkami's digital banking platform as part of a full technology stack overhaul with core banking technology firm Thought Machine. This will not only drive future growth for Mascoma, but also serve as a model for other community banks to build upon. Read More