SixThirty FinTech Accelerator Announces Six Companies For Its Fall 2015 Cohort

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SixThirty FinTech Accelerator Announces Six Companies For Its Fall 2015 Cohort

St. Louis, MO (Sept. 29, 2015) – SixThirty, a St. Louis-based business development accelerator and venture fund that invests in late seed-stage financial technology (fintech) startups, announces its Fall 2015 Cohort. With the addition of this cohort, SixThirty has invested in 19 companies. Thirteen of the companies are headquartered outside of St. Louis and three are international startups.

“A record number of companies applied to participate in SixThirty’s Fall 2015 Cohort,” said Atul Kamra, SixThirty’s Managing Partner. “The application pool was truly global and, of the over 150 startups that applied, a third were from outside the U.S.”

“SixThirty invests in later seed-stage fintech startups with working products,” added Kamra. “Our principal focus is on their business development. The strength of the application pool is a testament to SixThirty’s unique approach to accelerating fintech startups, and the strength and support of St. Louis’ financial services industry to drive their growth.”

For Fall 2015, SixThirty will invest in six startups. The companies will receive up to a $100,000 investment in exchange for a negotiated percentage of equity. Two of the six companies in this cohort also participated in the Spring 2015 Cohort.

The Fall 2015 Cohort includes:

Bandura | St. Louis, MO | bandurasystems.com
Founders: Suzanne Magee, Andrea Johnson
A revenue-producing cyber security software company delivering rapid, auto-updating technologies to stop network cyber attacks and data leakage for Financial Services, Healthcare, Energy.

Brigade Society | St. Louis, MO | brigadepos.com
Founders: Adam Frager, TJ Vytlacil, Aslam Chagani
A point of sale system designed for full service restaurants and developed by one the region’s most innovative restaurant entrepreneurs, that allows servers and bartenders to operate more efficiently through integrated functionality, reducing errors and providing actionable analytics for managers and owners to help run their businesses better.

Ensygnia | Cambridge, England | ensygnia.com
Founder: Richard Harris
The world’s most secure, consumer convenient, patent protected, electronic payment and interaction system for online and screen based purchasing, using your mobile.

Fluent | St. Louis, MO | fluentfunds.com
Founders: Lamar Wilson, Lafe Taylor, Dave Sutter, & Casey Lawlor
A blockchain-based financial network and payment platform built for global corporations and their supply chains.

Investment POD | Potomac Falls, VA | investmentpod.com
Founders: Jacqueline Ko Matthews & Dr. Peter Matthews
The first multi-strategy digital wealth-management platform that enables financial advisors to re-invent themselves through a fully integrated and customized solution.

Rippleshot | Chicago, IL | rippleshot.com
Founders: Canh Tran, Yueyu Fu, Randal Cox
Rippleshot detects payment card data breaches, usually long before credit card issuers or merchants have any idea of the breach occurring.

The companies selected to take part in the accelerator program will receive hands-on training, mentoring, and networking opportunities with leaders from the top financial services companies in the country. The cohort will run from September 14 until December 11 and will be housed in the T-REx startup co-working space in downtown St. Louis.

“SixThirty’s partners are proud to invest in the six promising fintech companies in our Fall 2015 Cohort,” said Kamra.

“With this cohort we are also welcoming several highly accomplished new mentors to SixThirty, ” added Kamra. “Our partners and mentors make the key difference. They are committed to providing each startup with individualized attention and connecting them to leading financial services companies, including several that call St. Louis home.“

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About SixThirty

Backed by the St. Louis Regional Chamber and venture capital firm Cultivation Capital, SixThirty is a business development accelerator that invests in later seed-stage financial technology startups with working products. SixThirty accepts startups in both its fall and spring cohorts. Each of the startups receives up to a $100,000 investment in exchange for a negotiated percentage of equity. The companies selected to take part in the accelerator program participate in a 14-week program that focuses on hands-on training, mentoring, and networking opportunities with leaders from the top financial services companies in the country. Learn more at sixthirty.co.

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