St. Louis, MO (PRWEB) April 24, 2015
SixThirty, the St. Louis-based financial tech accelerator announces today the appointment of a new Managing Partner, a well-known, experienced financial professional, Atul Kamra.
Atul Kamra formerly served as the Head of Advice for Wells Fargo Advisors and oversaw the firm’s investment strategy, research services, discretionary portfolio management and advice quality functions. He led a number of initiatives to enhance the firm’s core value proposition to clients and Financial Advisors. Prior to his role as Head of Advice, Atul was president of Wells Fargo’s clearing business, First Clearing. Previously, he was a partner with Booz & Co. in New York City, where he led their U.S. Capital Markets & Wholesale banking business.
“SixThirty is making great strides in the FinTech space. I am very passionate about getting involved in the startup ecosystem that is booming across St. Louis,” said Atul Kamra, managing partner of SixThirty. “SixThirty has had amazing companies come through the program and I am excited to be a part of their ventures.”
The role of Managing Partner is crucial to the success of SixThirty. It is critical to executing all of the operational and strategic aspects to attract new startup companies to SixThirty, making sure the companies get the best experience possible through the program, and accelerate their commercialization.
“A true asset of SixThirty is our network of mentors and relationships with the vibrant financial services community in St.Louis. I look forward to working with my SixThirty directors to nurture and strengthen this asset.” added Atul.
“I am excited to have Atul come on board as our Managing Partner. His background in financial services, his experience and connections, and his passion for the startup ecosystem make him well suited to succeed in this role and lead SixThirty to greater success,” said Brian Matthews, general partner of Cultivation Capital and director of SixThirty.
“The St. Louis Regional Chamber is pleased to have Atul as the Managing Partner of SixThirty,” said Joe Reagan, President and CEO of the St. Louis Regional Chamber. “He brings a unique perspective to the accelerator and we are excited to see the growth ahead.”
SixThirty invests in later seed-stage financial tech-based startups with working products. SixThirty provides the startups with funding, mentorship, and connections to the top financial services companies in the country. SixThirty accepts startups in both its fall and spring classes. Each of the startups receives up to a $100,000 investment in exchange for a negotiated percentage of equity, usually between three percent and ten percent.