Local Fintech Venture ClickSWITCH Names New CTO Yobie Benjamin

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aaeaaqaaaaaaaag6aaaajgfhnzgzmwq3lwniyjetndy4yi04mjvilwy3mwrkzda4njg5yqVia News Release

“MINNEAPOLIS, Nov. 15, 2016 /PRNewswire/ — ClickSWITCH, a turnkey solution that simplifies the switch of recurring payments and deposits for financial institutions’ new and existing account holders, announced today that Yobie Benjamin has joined the executive leadership team as Chief Technology Officer (CTO), to launch growth, spearhead innovation and lead the technical development team, as the company continues its aggressive US and global growth and expansion.”

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Minneapolis Fintech Startup Sezzle Closes On $1.8m Round

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Minneapolis fintech startup Sezzle has closed on $1.8m of financing as part of an oversubscribed round that began earlier this spring.

Sezzle is a merchant processing platform for businesses to save money on their ACH transactions while consumers receive cash back rewards for purchases.  “Works like debit, rewards like credit,” is the motto.

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MN Fintech Startup Upsie Sees More Investment

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Minnesota fintech startup Upsie has picked up ~$100k between Village Capital and Access Ventures.

Founder Clarence Bethea was chosen as one of two ventures to participate in the fintech cohort of Village Capital’s peer to peer investment model, which comes with a $75k minimum and a summer’s worth of mentorship between New York, San Francisco, and Washington D.C.

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US Bank Joins Robo Investment Movement With FutureAdvisor

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unnamedBy Daisey Maxey, Wall St. Journal

“U.S. Bancorp ’s wealth-management unit will team up with FutureAdvisor to offer online financial advice to clients beginning next year. The Minneapolis bank’s wealth-management unit will use FutureAdvisor’s technology to deliver the bank’s investing capabilities to its clients, says Mark Jordahl, president of U.S. Bank Wealth Management.”

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FARCON To Showcase Six Tech Startups Next Week

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BigDataTechWebSmallThe second sold out edition of MinneAnalytics’ financial services and retail analytics conference — FARCON — is coming to Carlson School of Management next Wednesday, August 24th.

Scheduled for 9:30 to 11:15 am in Room 1-147, the Startup Showcase is hosted by MinneAnalytics board member Graeme Thickins and will feature seven-minute pitches from six startups focused in retail and financial services, and one in IoT, all listed below:

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Grigsby Departs Deep Machine, Moves Into New Fintech Startup

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Screen Shot 2016-08-17 at 12.51.54 PMRemember Deep Machine — the ML/AI startup launched by serial Minnesota tech entrepreneur Dan Grigsby?

It turns out that after only a few months of jamming, the band has broken up.

While the company itself remains intact,  currently operated exclusively by cofounder Josh Cutler , both Grigsby and Pete Schwamb have moved on.

True to his candid nature, here’s what Grigsby had to say about it all — and more importantly — what’s next on his agenda:

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Local Startup MiHuus Is Bringing AI To The Real Estate Game

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mihuus2It’s no secret that finding a new home can be a time consuming and frustrating process, even if it’s not your first rodeo.

And in this era, upwards of ninety percent of prospective buyers go online first and perform an average of 11 searches before even engaging with an agent or broker.

MiHuus is a new local startup that wants to capitalize on these trends by using artificial intelligence to develop a model of buyer sentiment using social and public data that automates the discovery of that perfect property.

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Two Former PayPal Execs Join Local Fintech Startup Sezzle

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Via News Release

“Sezzle Inc. announced the engagement of two former PayPal executives to help Sezzle create a next generation payment platform.

Scott Guilfoyle, PayPal SVP and CTO from 2008 to 2012, joins as an advisor to the company. Scott also served as the CIO of LendingTree, CIO of Consumer Products at Bank of America and as the CIO of General Electric. Scott’s vast and pertinent experience in the financial services arena should prove to be a major asset to Sezzle as it builds out its payment platform.”

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