Rapidly scaling PayIt raises another $90M amid ‘long-overdue transformation’ of govtech
Growth and continued innovation are on the docket as Kansas City-filed PayIt closes a $90 million funding round. Led by the global firm Macquarie Capital Principal Finance, the capital injection is expected to keep fueling PayIt’s commitment to simplify the way people interact with the public sector in everyday places like the DMV and court…
Read MoreOutside look from the inside: What a visiting economic fellow found in KC (rival BBQ is just a taste)
After spending his summer in Kansas City, the metro reminds Alvin Gusman a lot of his hometown, Austin, he said. The Texas A&M student is in the last two weeks of his 10-week Equity in Economic Development Fellowship with the Economic Development Corporation of Kansas City (EDCKC), reflecting on the experience. “I’ve actually really enjoyed…
Read More55-shoe collection to online sneaker platform: How Nazr El-Scari opened a market to affordable, rare kicks
Sneakers are a distinct statement of individuality, Nazr El-Scari said, lacing up his venture’s sole purpose: to put dream shoes within reach “Growing up, I remember the excitement of opening a new pair of shoes. My older brother and his friends always had the dopest sneakers that you couldn’t find anywhere in Kansas City; it…
Read MoreFairwave adds another Minneapolis coffee company to its fresh-brewed collective alongside Messenger, Roasterie
FairWave Coffee Collective has pulled another shot of growth, serving up news Tuesday of its acquisition of a second Minneapolis-based purveyor in as many years. “We are thrilled to welcome Up Coffee Roasters to the FairWave collective,” Suzanne Gunning, vice president of marketing, said in a release. The acquisition keeps Kansas City-based FairWave on track with…
Read MoreLaunchKC reviving $50K grants competition with 8 big checks for startups ready to call KC home
After a four-year hiatus, LaunchKC is officially set to bring back its signature grants competition. Early-stage tech companies will have the opportunity to each win $50,000 in non-dilutive grants, plus access to business support and networking. Co-founded by the Economic Development Corporation of Kansas City, Missouri, (EDCKC) and Downtown Council (DTC), the non-profit LaunchKC’s cornerstone…
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