In an ongoing commitment to growing the local fintech community in partnership with UW CoMotion, BECU has selected this year’s winners of the BECU FinTech Incubator competition. The startups include Cozera, flub, and QUUE and will be located in CoMotion Labs at UW’s Startup Hall.
The partnership kicked off in October 2018 with the goal of attracting more fintech startups to the region. The incubator launched last year with fintech startups Attunely, Fincluziv, Routable (formerly Warren), and Noonum. This mission continues with a second group of startups who will also be located in the incubator for one year, during which time they receive sponsored CoMotion memberships that include access to training, events and mentorship as well as access to BECU and their networks. The three winning teams were chosen based on their innovative fintech solutions and BECU’s business goals.
The virtual kickoff event was held in mid-July and was led by François Baneyx, Director of CoMotion and UW Vice Provost for Innovation, and Doug Marshall, EVP and Chief Digital & Product Officer, BECU. The CEOs of the three startups also participated: Cozera CEO Abrar Ahmed, flub CEO Brandon Mann, and QUUE CEO Jean K. Kim.
“BECU is focused on offering solutions for our members that are relevant and support our purpose of improving their financial well-being for the long-term,” said Marshall. “CoMotion and these inspiring startups are driving innovation for our industry within the Pacific Northwest and we couldn’t be more pleased to be working with them to help transform financial services.” The three new startups focus on different aspects of fintech. Cozera verifies digital identities, flub helps people build their credit score, and QUUE is a mobile payment solution. Learn more about the newest members below.