PerkStreet Grabs $9M

PerkStreet Financial, a Boston-based online banking startup offering a debit card with cash-back rewards, has raised $9 million in funding, according to report by Scott Kirsner of the Boston Globe, which the company confirmed later this morning. The money, which brings PerkStreet’s total funding pot to about $15 million, comes from Globespan Capital Partners and Highland Capital Partners.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.