SixThirty, a St. Louis based accelerator program that invests in financial technology (fintech) startups, has graduated the four companies that comprised the program’s inaugural class. All four participating companies were from outside the Greater St. Louis region- two from New York, one from San Francisco and another from the U.K. The four companies that presented at SixThirty’s recent Demo Day event, which marks the end of the four month accelerator program, are: XYVerify XYverify is a cybersecurity technology platform which uses a customer’s mobile device to learn trusted mobile locations to better protect customers, enterprises, mobile wallet providers and card issuers from fraudulent tansactions. Hedgeable Hedgeable is a next generation Vanguard, providing low cost, risk managed investment products in response to the financial crisis miiCard miiCard is a global Identity Service (IDaaS) platform solving the key pains of fraud, operational costs and new customer acquisition in banking, virtual currencies, payments, wealth management and lending. Upside Upside uses innovative financial science and beautiful UI to provide goalbased investment management to mass affluent young professionals. I’m very excited about the amount of progress all four companies made during their time in St. Louis,” said Matt Menietti, Venture Partner, who runs the SixThirty program. There’s so much room for disruption within the world of financial technology and you’re seeing some of the best here. We’ll be watching out graduates with much anticipation- it’s been a pleasure working with each of the teams.” The next cohort will begin in April of this year and last until the end of July. The SixThirty team is now actively following up with interested applicants for their Spring 2014 class.
