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Extend has joined the Wells Fargo Startup Accelerator

Source: Fazzaco

a46c37b4456a403adafc14ceac6d1d5.jpeg​Wells Fargo&Company, community-based financial services company announced that Extend has joined the Wells Fargo Startup Accelerator, a portfolio of start-up companies that develop solutions across a broad set of domains including customer experience, payments, marketing, risk and regulation, climate change and security.

Companies in the Accelerator can make use of education, mentorship and investment to guide early stage growth. These companies can use emerging technologies like artificial intelligence, distributed ledger technology and augmented reality to solve challenges. At present, 27 companies are present in the Accelerator portfolio.

“The Wells Fargo Startup Accelerator combines the talent and nimbleness of a startup with the expertise and scale of Wells Fargo to work on innovative solutions for our customers and businesses,” said Lisa Frazier, head of Wells Fargo’s Innovation Group. “The future of banking, and the ability to adapt to ever changing customer needs rely on these types of collaborations. We welcome Extend and Oliver to the Wells Fargo Startup Accelerator.”

“We are delighted to team up with Wells Fargo given their portfolio of small to mid-sized businesses and desire to innovate,” said Andrew Jamison, Extend CEO and co-founder. “We look forward to working together to explore new payment capabilities that to date have only been available to the largest corporate clients. With easy onboarding, intuitive user experience, and strong controls associated with virtual cards, there is huge potential in this partnership and we look forward to seeing it grow.”

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