ST. LOUIS (KTVI) – St. Louis is known for its start up businesses. On Wednesday, fifteen companies are at the Four Season's downtown hoping their business model is successful.
Some folks, like the St. Louis Regional Chamber for instance, think the future for the City of St. Louis and the region is going to be built with startups, that ultimately trying to bring new jobs and opportunities to the area.
Basically they're trying to figure out how to expand the payroll across the region.
Today here at the Four Seasons, 15 financial technology startups got their elevator pitches ready to try out before going to New York and making some noise about St. Louis, possibly find new investment.
Accelerate St. Louis, Thomson Reuters and the St. Louis Regional Chamber`s financial forum are putting together today`s St. Louis Startup Roadshow.
This afternoon 15 local financial services technology startups, or fin tech as they`re called are pitching their products and services to executives, venture capitalists and more at the Four Seasons.
All of this is a week before they do the same thing in New York City.
You have people from Scottrade, Edward Jones, Wells Fargo, Citi Mortgage and MasterCard from the financial services side hearing their pitches.
St. Louis Regional Chamber says the start up ecosystem is on fire in the financial services, it, health care, and cyber security fields for the St. Louis region.
They`re hoping this roadshow to New York will help the world see the potential here in town.
Eran Nachshon's company BondIT, is a company creating fixed income money management in a more efficient model, a fin-tech company based out of Israel, spending time and money developing their business in this river city, which the St. Louis Regional Chamber will add was voted best startup city in America, and in the top seven innovative cities in America.