ClickSwitch Gets A Big Win With T-Mobile’s Banking Service

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Via Star Tribune

“T-Mobile’s fee-free Money banking service, officially launched earlier this month, relies on the Minneapolis fintech firm ClickSwitch Holdings Inc. to attract customers from other banks.

The relationship is a turning point for ClickSwitch, which created software to simplify the process of moving a person’s direct-deposit and bill-payment information from one bank to another.”

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[UPDATED] OnRamp Insurance Accelerator Picks MD & Dual MPLS + STP Office Setup

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Updated 4/17/19: Pooja Shah has been named the program’s Managing Director and they will split offices between WeWork in Uptown and Osborn370 in St. Paul.  Startup applications are open through 4/28/19.

Bonus: Deep Dive Q&A w/ the three partners.

Original 11/13/2018 Titled “New OnRamp Insurance Accelerator Is Coming To Minnesota” Via News Release:

“MINNEAPOLIS & ST. PAUL, Minn.–(BUSINESS WIRE)–To invest in the next generation of insurance technology and innovation, Allianz Life Ventures, part of Allianz Life Insurance Company of North America, and Securian Financial have joined forces with nationally ranked
startup accelerator, gener8tor, to establish the OnRamp Insurance Accelerator.”

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Minneapolis Fintech Startup Sezzle Raises $5.6m In ‘Pre IPO’ Round

Minneapolis fintech startup Sezzle has raised a new round of investment with $5.6m closed on per SEC filing.

Like PayPal, but with micro-installments, consumers can ‘checkout with Sezzle’ and receive a small denomination interest free loan at the time of purchase, on demand.

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HomeSpotter’s Software Suite Helps Keep Real Estate Agents In The Know

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Via Star Tribune

“A decade after a dissatisfying house hunt led Aaron Kardell to start building apps for people looking for homes, his Minneapolis company offers a suite of software used by about one-third of the nation’s real estate agents.

The company, HomeSpotter LLC, in January made its first acquisition to round out that suite further. It purchased Spacio, a Vancouver developer of software that lets real estate agents track, and follow up with, potential customers who visit open houses.”

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Ceridian Buys Analytics Engine, Machine Learning Tech From Paysa

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Via New Release

“MINNEAPOLIS & TORONTO–(BUSINESS WIRE)–Ceridian (NYSE: CDAY; TSX: CDAY), a global human capital management (HCM) cloud-based technology company, announced today its acquisition of substantially all of the assets of Clearview Logix, a Richmond, Virginia-based leading decision-support analytics company, and certain intellectual property assets, including paysa.com, from Paysa, a Palo Alto, California-based AI-powered personal career advisor. Financial terms of the transactions were not disclosed.”

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Minneapolis Fintech Company ClickSwitch Makes It Easier To Change Banks

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Via Star Tribune

“A rule change in the 1980s opened competition in long-distance phone service, leading to years in which seemingly every other advertisement on TV begged consumers to “switch” their provider. A similar force is being unleashed on banks, and a Minneapolis tech startup is the reason why.

ClickSwitch Holdings Inc. for the past two years has signed up about 325 banks, credit unions and alternative financial firms to use a service it developed — a combination of software backed by a human service bureau — that lets their new customers move their entire banking relationship with the click of a mouse button or tap on a screen.”

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