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



Diego Mariscal, Anne Balsamo posing for a photo: The Possible Finance team, before social distancing. (Possible Finance Photo)


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The Possible Finance team, before social distancing. (Possible Finance Photo)

Possible Finance was growing fast and ready to raise more venture capital. Then COVID-19 hit.

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“It immediately made fundraising much more difficult than anticipated,” said Tony Huang, CEO and co-founder of the 3-year-old startup that runs a high-tech small loan service.

But the company ended up connecting — over Zoom calls, no less — with New York-based Union Square Ventures, which eventually led a $11 million round for Possible. It was the first deal the well-known firm completed over video conferencing.

Possible announced the new funding Tuesday, along with $80 million in debt financing from Park Cities Advisors to help supercharge its business.

Founded in 2017, Possible offers loans of up to $500 and is similar to payday lenders, but with some differences. Borrowers have more time to pay back the money in installments

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‘Two Screens for Teachers’ to buy extra computer screen for Seattle teachers working remotely

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A new non-profit organization started by tech entrepreneurs in Seattle is supplying public school teachers with a much-needed tool amid distance learning: an extra screen.

Two Screens for Teachers hopes to help teachers working remotely better connect to their students by proving them with an extra computer monitor to juggle tasks. The project is aiming to deliver 3,000 monitors to teachers from Seattle schools at a value of about $430,000.


Co-founder Matt Lerner 

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