Portland is a "Goldilocks Place" for Fintech Startups, Says Sila Money CEO Shamir Karkal
10 Feb 2021
Economic News, GPI in the News
Greater Portland is poised to be the next big hub for financial tech companies. During a Jan. 27 virtual industry tour, co-hosted by Greater Portland Inc and SelectUSA, local fintech CEOs and industry experts shared the many advantages of starting, moving and growing a business in Greater Portland:
- We've got talent: "You have a confluence of executive talent alongside still having this amazing technology expertise.” - David Nelsen, Bumped CEO
- Money goes further here: "With the cost of living and the cost of doing business, it’s more economical. We don’t have to raise as much capital as if we were in some other areas.” - Paresh Patel, PayRange CEO
- We're big, but not too big: "Other places that have great quality of life typically don’t have the infrastructure of a large city. It’s just a Goldilocks place." - Shamir Karkal, Sila CEO
If you missed the event, you can watch the recording below, or on our YouTube channel.