St. Louis-based SixThirty, a fintech venture fund and accelerator, has announced that it is accepting applications from fintech firms, for its cohort. The applications will be accepted through the first week of January.
According to reports by Finextra, the company will be investing in fintech startups with a focus on business development and revenue acceleration. The selected startup firms for the accelerator program will undergo a 14-week program that offers hands-on training, mentoring, and networking opportunities with leaders from the top financial services companies in the country. The selected firms receive up to a $100,000 investment in exchange for a negotiated percentage of equity.
“Increasingly, FinTech startups are collaborating with the financial services industry. Through participation in the SixThirty program, FinTech startups work alongside leaders from SixThirty partners, including UMB, RGA, Edward Jones, StateFarm, and Twain Financial Partners,” Atul Kamra, Managing Partner of SixThirty said, as reported by finextra. “We are the third ‘coast’ for FinTech innovation, where FinTech startups come for customer revenue.”
The programming for the cohort will be held in TREX located in downtown St. Louis. SixThirty has invested in over 20 fintech companies which have gone on to raise more than $85 million in capital. Village Capital, along with the Ewing Marion Kauffman Foundation, recognized SixThirty and St. Louis as a pioneering FinTech startup community, earlier this year.
