Posts Tagged ‘Blooom’
‘We’re a big damn deal!’ KC is an underground fintech hub, says Zach Pettet
Editor’s note: Zach Pettet is the Fintech Strategist at nbkc bank, with which Startland News has partnered on an upcoming Innovation Exchange event. Opinions expressed in this commentary are the author’s alone. Kansas City is the United States’ underground financial center. Over the years, many financial juggernauts have been born and grown up in Kansas…
Read MoreBlooom CEO switch better allows Costello to ‘evangelize’ high-profile KC startup
Following a “tremendous” year of growth, Blooom officials said Wednesday that upward trajectory requires a new leader at the helm. Co-founder Chris Costello, who has served for the past five years as chief executive officer, has stepped down and moved into a new role as chairman of Blooom’s board of directors. Matt Burgener, the company’s…
Read MoreBlooom reaches $1 billion in assets under management
Blooom announced Thursday that the Leawood-based financial tech firm has reached $1 billion in assets under management, becoming the fastest, independent robo advisor to pass that threshold. Although it’s not the first robo advisor to reach $1 billion, Blooom did so by stretching its dollar much farther than Silicon Valley fintech counterparts, said co-founder Chris Costello. “This…
Read MoreBlooom announces layoffs, new strategic focus on consumers
Refocusing its outbound efforts to solely target consumers, financial tech startup Blooom has laid off nearly a third of its staff and a top executive has resigned. The Leawood-based company recently announced that it has let go of 10 employees as it moves resources away from marketing to enterprises and will refocus on direct-to-consumer marketing.…
Read MoreTough love: Blooom CEO Chris Costello offers advice to KC investors
Editor’s note: Chris Costello is the CEO and co-founder of Blooom, a financial tech startup based in Leawood, Kan., that recently raised a $9.15 million round. All opinions expressed in the commentary are the author’s alone. I am happy to report that Blooom is fresh off its successful Series B round of funding. The round…
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