COMPANY OF NOTE: SixThirty.

COMPANY OF NOTE: SixThirty.

Greater St. Louis is the 19th largest metropolitan area in the US. But somehow, throughout its history and today, the city has managed to punch above its weight in the worlds of business and finance. We were reminded of that theme recently when we connected with SixThirty’s managing partner, Atul Kamra, who discussed the St. Louis-based fintech venture fund and business development program that gets its name from the height and width of the St. Louis Arch (630 feet). Founded in 2013, SixThirty invests up to $100,000 in eight to ten fintech start-ups from around the globe every year and participates in follow-on capital raises as well. The ideal fit for the 10-12 week program is a B2B start-up in its “late seed stage” that has a working product, market traction and early revenue but could use added business development and go-to-market guidance. That support is assisted by the input and network of SixThirty general partners, including Kamra and Brian Matthews. It’s also nurtured through partnerships with firms including Edward Jones, Ernst & Young, State Farm, Reinsurance Group of America (RGA), Twain Financial Partners and UMB, as well as through collaboration with Washington University’s Olin Business School. “Founders don’t come to SixThirty for a general purpose start-up program,” said Kamra. “If you are hungry for capital, go to San Francisco.  If you are hungry for revenue, come to St. Louis.”

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COMPANY OF NOTE: Silvernest.

COMPANY OF NOTE: Silvernest.

Silvernest is one of several home-sharing platforms connecting homeowners with roommates. But what’s distinctive about the Denver-based company is that it’s riding multiple powerful trends affecting the US economy. According to CEO and co-founder Wendi Burkhardt, the typical homeowner who posts a room for rent on Silvernest is a female baby boomer, often unmarried, who finds herself long on spare rooms and short on companions.

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Crown changes heads at one of London’s biggest fintech firms.

Crown changes heads at one of London’s biggest fintech firms.

Taavet Hinrikus will be stepping down as CEO of UK-based Transferwise, just months after he said he would relocate the company’s HQ to the EU mainland. While this fits the Brexit doomsday scenarios of fintech start-ups fleeing the UK, new financings by Receipt Bank, Soldo, Tide, Curve and Revolut demonstrate that Britannia remains fertile fintech ground.

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COMPANY OF NOTE: Everplans.

COMPANY OF NOTE: Everplans.

Imagine what would happen if you unexpectedly met your maker. If your online habits are typical, your loved ones would have to identify a myriad of accounts, insurance policies, wills and other important records that only you know how and where to access in their entirety.

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Uber, SoFi, Dash and DefenseStorm.

Uber, SoFi, Dash and DefenseStorm.

SoFi, which just disclosed that it has applied to the FDIC for an industrial loan charter in Utah, has indicated that it plans to hire up to 400 professionals in Delaware. Also this week, Dash Financial Technologies hired Goldman Sachs capital markets veteran Robert Boylan to head business development, while DefenseStorm added Steve Soukup as chief revenue officer.

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