Yesterday Brian Feldt of the St. Louis Business Journal reproted that Jim McKelvey's SixThirty, operating under the umbrella of Cultivation Capital, has officially announced the 4 startups that will be making up their 2014 class. The financial tech accelerator typically has smaller classes because they offer whopping investments to the affiliated companies.
This year, each of the 4 companies will be receiving a $100,000 investment for anywhere between 5 to 10 percent equity in their companies. All 4 of the companies will relocate to St. Louis to participate in 4 month program and refine their financial tech startup.
SixThirty’s 2014 class is:
FormZapper (Kansas City): A platform that lenders and attorneys use to generate commercial loan documents
Gremln (St. Louis): Their platform provides financial firms an opportunity to participate in social media management while adhereing to various governemnt regulations.
PromisePay (Melbourne, Australia): PromisePay is an escrow payment platform that lets buyers and sellers safely trade almost anything with absolute confidence and peace of mind.
Wealth Access (Nashville): They have developed software for wealth management professionals and their clients to collaborate in real time.