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Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, the St.-Louis based accelerator that invests in financial technology (FinTech) startups.
Edward Jones Chief Information Officer Vinny Ferrari said the relationship with SixThirty is consistent with the firm’s drive to provide investors an ideal client experience.
“Our relationship with SixThirty gives us an opportunity to look outside the firm for the best ideas in financial technology to help us achieve our goals.”
As part of the partnership with SixThirty, Frank LaQuinta, a general partner with Edward Jones, has joined the organization’s Investment Committee, which evaluates the investment pipeline and selects FinTech startups in which SixThirty invests.
Atul Kamra, SixThirty’s managing partner, noted St. Louis has established itself as one of the fastest growing startup cities in the US, thanks in part to corporate partners who recognize the potential to attract entrepreneurs to the city. When that happens, he said, the local talent pool is strengthened, jobs are created, innovation blossoms and economic growth accelerates.
“SixThirty is building on what makes us (our region) unique: the breadth and depth of our financial services, and a culture that notices and nurtures founders,” Kamra added. “Edward Jones is a leader in financial services and synonymous with nurturing talent, consistently being recognized as among the best places to work in the US. We look forward to working with them to attract and grow the most promising FinTech ideas and, in turn, sustain our competitiveness in an industry in which we have inherent strength.”
Backed by the St. Louis Regional Chamber, SixThirty was founded in 2013 and to date has funded more than 25 startups across the globe.
Read more about SixThirty on EQ.