Silicon Valley Bank and First Data Announce Class 6 of Commerce.Innovated.

Silicon Valley Bank and First Data (NYSE: FDC), a global commerce-enabling technology provider, have selected four startups to participate in Class 6 of Commerce.Innovated.

Commerce.Innovated. is a four-month virtual accelerator designed to help commerce, payments, and fintech companies grow their businesses. The program provides participants with operational mentorship from Silicon Valley Bank, First Data, and their respective networks.

The four companies selected to participate in the current class come from across the U.S. and provide a variety of solutions for businesses and consumers:
– Apostrophe: A healthcare savings-as-a-service startup for self-insured employers based in Denver
– Blueprint Registry: A peer-to-peer gifting and life event fundraising platform based in Seattle
– Finix: A payment infrastructure platform enabling real-time push-to-card disbursements based in San Francisco
– Headnote: A transaction network for the legal industry based in San Francisco

Launched in 2014, Commerce.Innovated. has worked with 24 commerce, payments and fintech-focused startups to date, including Alloy, AppZen, Apruve, CardFlight, Dash, Domuso, Earny, Float, Footmarks, Gone, LaunchKey, LiveApp, Local Maven, Nowsta, Pay By Group, PennyOwl, Slide, SmartGift, SnapUp, Spend Labs, Splitwise, Standard Treasury, Truebill, and Qwil.
Since graduating from the program, more than half of the companies in the program have raised funding or been acquired.



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