The new fintech startup accelerator in St. Louis, backed by Cultivation Capital and Square’s Jim McKelvey, held an event on Wednesday evening to announce their first startup cohort. McKelvey is joined by Hal Gentry, serial entrepreneur and general partner at Capital Innovators, and Joe Reagan CEO of the St. Louis Regional Chamber, as co-founders for the accelerator called Six Thirty which takes its name from the height and width of the St. Louis Arch.

They received over 100+ applications from all over the world from startups with a financial element. They successfully weeded out the group to just four. Here are the companies in the first session, which officially starts Monday.

Hedgeable, Matthew Kane and Michael Kane
Hedgeable is a next generation Vanguard, providing low cost, risk managed investment products in response to the Financial Crisis.
https://www.hedgeable.com/

MiiCard, James Varga
Through a patented process, miiCard leverages access to online financial accounts to verify an individual’s identity beyond a photo ID through a simple process that occurs completely online in five to ten minutes.
http://www.miicard.com/

Upside, Tom Kimberly
Upside uses innovative financial science and beautiful user interface to provide goal-based investment management to mass affluent young professionals.
https://www.gainupside.com/

XYverify, Elliot Klein
XYverify enables consumers, merchants and financial institutions to reduce costs and prevent fraud via a mobile authentication platform.
http://xyverify.com/

McKelvey is also spearheading another new startup related effort in St. Louis called Launch Code.

Michigan Startup HealPay: Developing Innovative Fintech Web Applications INTERVIEW

When you put together a Ruby on Rails developer with five years of experience working for engine yard, and a serial entrepreneur with two previous successful exits, move them to Ann Arbor Michigan, you’ve got HealPay. HealPay is the latest startup for serial entrepreneur Erick Bzovi, who teamed together with co-founder Lancelot Carlson to bring innovative fintech (Financial Tech) web apps to market.

HealPay currently has two billing applications aimed at enterprise available today. However, they plan on continually producing easy to use, but robust applications to handle financial tasks efficiently.

We got the opportunity to talk with Bzovi about HealPay and their fintech app development startup.

Where are you located?

After receiving some seed capital [http://www.annarbor.com/business-review/after-receiving-an-angel-investment], we opened an office in downtown Ann Arbor. We think this is the best place to start a tech business in Michigan!

Tell us about (and describe) a few of your apps:

We’ve developed two billing applications for the enterprise.

Our SettlementApp helps large businesses, e.g collection agencies, settle with consumers by offering flexible & friendly payment options. People are more willing (& able) to pay their bills when given options to do so. Creating a 3, 6 or 9 month payment plan is a breeze.

Our BillerApp helps small businesses, e.g. sole proprietors & contractors, send out invoices in a matter of minutes. The app is currently free and was considered one of the Best Invoicing Tools amongst Design professionals. [source: http://www.fastcodesign.com/1665487/infographic-of-the-day-the-best-design-tools-on-the-market]

More after the break
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