Dan McGaw rarely sets foot in a bank branch, but he may be more in sync with his accounts than his grandparents ever were. Armed with remote deposit and online bill paying, the 29-year-old Orlando entrepreneur sees little need for the teller line.
“I only go to the bank when I need to take out cash, which is almost never,” he said. “I don’t have a checkbook; I use mobile apps or websites for more than 90 percent of my banking.”
As the popularity of mobile and online banking grows, more bank branches in Central Florida and elsewhere are starting to vanish.
Since 2009, Central Florida’s branch total has fallen 6 percent, for a net loss of nearly 60 branches, as closings have far offset openings, according to the Federal Deposit Insurance Corp., which regulates banks.
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Move over, Silicon Valley — Orlando finally got its first demo day.
Starter Studio, the tech company accelerator that opened downtown in August, put its seven companies on display for the tech community and for potential investors. The event brought…
Read More: http://www.bizjournals.com/orlando/blog/2013/11/starter-studios-hosts-its-first-demo.html
Starter Studio had its first Demo Day Nov. 13 in downtown Orlando. I spoke with Daniel McGaw, one of Starter Studio’s co-founders. Turns out Starter Studio is actually looking to raise $150,000 to $200,000 for the next round of companies to come through…
Watch Video and Read More: http://www.bizjournals.com/orlando/blog/2013/11/follow-the-money-see-which-companies.html