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SixThirty announced the five companies comprising their spring 2016 cohort last night at T-REX.
The St. Louis-based business development accelerator and venture fund invests in late seed-stage financial technology. SixThirty has now invested in 23 companies through their spring and fall programming.
“With the Spring 2016 Cohort, we hit a new record in companies applying to join SixThirty,” said Atul Kamra, SixThirty’s managing partner. “Of the 167 startups that applied, 38% were from outside the U.S.”
The five companies will receive up to a $100,000 investment in exchange for a negotiated percentage of equity. The companies will also participate in a14-week program held at T-REX focusing on hands-on training, mentoring and networking opportunities with leaders from the top financial services companies in the country.
“The Spring 2016 cohort is uniquely diverse. We have founders from across FinTech industry sectors and from across the globe coming together in St. Louis,” says Kamra. “As a group, they also stand out in how elegantly they bring data and design together to make financial services more accessible and inclusive. We look forward to working together with our partners in the financial services industry to drive their adoption and growth.”
Keep reading to meet the companies:
BondIT drives sales and quality of Fixed Income portfolios by empowering relationship managers, risk managers and trading desks with data-driven, personalized, optimal investment recommendations thus increasing trade flow, revenues and portfolio quality.
CheddarGetter is a billing API engineered to maximize recurring revenue. CheddarGetter cuts billing systems development time by 90% while increasing top line revenue by as much as 10%.
Hollywood, FL & Toronto, Canada
Just Cash is a technology and infrastructure company that provides mobile access to cash and P2P money transfers using the existing ATM and POS network.
New York, NY
LendingFront offers incumbent lenders the platform to rapidly enter or expand into the online small business lending market without having to build or modify exiting legacy systems
St. Louis, MO & Argentina
S4 generates the information streams needed for financial markets to absorb Ag volatility. S4 provides financial risk managers in the Ag space with actionable data on their portfolio.