Daily News: August 11, 2017

Former Capital One Product Executive Joins StreetShares

StreetShares, the Northern Virginia-based startup focused on financing military veteran-owned small businesses, added Heather Tuason to its team as chief products officer.

Tuason was previously senior vice president of Small Business at Capital One, where she ran several award-winning products for the bank’s small business customers

StreetShares provides small business financing through its Patriot Express Lines of Credit and government contractor financing. There are 2.5 million veteran-owned small businesses in America according to the SBA. The company’s particular focus is on serving businesses owned by military veterans and family members of the military and veteran community. It also allows the public to participate in supporting these businesses with innovative investor products, such as Veteran Business Bonds.

“I am proud to be part of an organization so focused on serving its members and in awe at the military drive and passion demonstrated by the StreetShares team each and every day,” Tuason said. “Veterans have sacrificed so much, and I’m honored to help them build businesses that drive our economy. It’s time for veterans and the military community to have fully mobile, fully digital, next-generation financial products.”

Tuason now drives StreetShares’ user experience for both its lender and investor members. Tuason will accelerate the growth of StreetShares lending and investment products to serve the company’s new and current members.

Tuason brings years of experience in product development and business leadership from Capital One, M&T Bank and Wells Fargo. She led Capital One’s National Small Business digital product line including SparkBusiness.com and SparkPay.com.

Tuason’s products received several awards. Spark Business Unlimited Checking received MONEY Magazine’s award for “Best Business Checking for Established Businesses” in 2013, 2014 and 2015. Spark Pay was also named “Overall Most Innovative” in the 2014 Monarch Innovation Awards. She also has experience in mergers and acquisitions, asset creation and investment trading, and has launched banking, investment and merchant products during her finance career.