St. Louis, MO. – April 23, 2014 – Software company, Gremln, best known for their secure social media marketing suite for regulated industries, has been chosen to participate in one of the nation’s leading business accelerators for financial services, St. Louis-based, SixThirty. SixThirty, whose founders include Jim McKelvey, Co-Founder of the payments company, Square, will invest in Gremln and work closely with their business development team to assist in accelerating their growth and product adoption among the increasing number of financial services firms that are participating in social media. SixThirty provides financial technology firms with funding, mentors, and introductions to the top financial services companies in the country.
“Gremln is excited to be chosen to participate in SixThirty program. We look forward to networking with financial industry leaders and learning from the experiences of the world-class mentors,” said Gremln CEO Ryan Bell.
Gremln’s social media compliance and marketing suite allows banks and other financial companies to participate in marketing and customer engagement via social media, by mitigating the risks and supporting adherence to strict compliance regulations set forth by entities such as FINRA, FFIEC, and the SEC.
“Social media involvement for the financial services industry is essential, but it is a dangerous place to be without the right software. Introductions by SixThirty to key financial firms will give us the opportunity to mitigate that risk for a broader portfolio of companies,” Bell said.
SixThirty selects only four financial-based technology startup companies for each class. Those companies selected to take part in the four-month accelerator program will receive hands-on training, mentoring, and networking opportunities with the top financial services companies in the region.
“St. Louis is one of the largest financial services hubs outside of New York,” said SixThirty Founder Jim McKelvey. “It’s home to Edward Jones, Scottrade, Stifel Nicolaus, and US Bankcorp CDC, Wells Fargo Advisors, and boasts one of the most dynamic, explosive startup communities in the country.”
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Gremln social media management tools help financial organizations and banks drive brand awareness and customer relationships while adhering to regulatory compliance standards. Our applications help our customers avoid violations by filtering content, providing organizational workflow, and archiving for regulatory audits. Gremln provides service to over 150,000 users and financial service organizations and is endorsed by several financial services organizations such as the Missouri Bankers Association(MBA) and the New York Bankers Association (NYBA) as the recommended social media management and compliance toolkit for all member financial institutions.
About Six Thirty
SixThirty provides fintech startups with funding, mentors, and connections to the top financial services companies in the country.
Backed by the St. Louis Regional Chamber and venture capital firm Cultivation Capital, SixThirty selects eight financial-based technology startup companies each year, four for the Fall class and four in the spring. Those companies selected to take part in the four-month accelerator program will receive hands-on training, mentoring, and networking opportunities with the top financial services companies in the region.