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Innovation Depot

Innovation Depot

Florida FinTech Moves HQ To Alabama Following Local Investment

Florida FinTech Moves HQ To Alabama Following Local Investment

Allison, a low-code visual API startup connecting community banks and FinTechs, is moving to Birmingham, Alabama following an investment from the Alabama Futures Fund (AFF). The move, announced this week, is strategic for the banking-as-a-service startup. Brian Alvarez-Bailey, Allison’s CEO, started the company while

Birmingham FinTech Raises Series A, Helps Process $25M In Gift Cards In 12 Months

Birmingham FinTech Raises Series A, Helps Process $25M In Gift Cards In 12 Months

That stack of random gift cards in your wallet could be turned directly into cash in your bank account, thanks to a Birmingham-based startup. Prepaid2Cash, which moved its HQ from San Francisco to Birmingham, Alabama’s Innovation Depot back in 2019, has seen rapid growth over the course of

Velocity accelerator

Meet the Southern Startups Selected for Alabama's Velocity Accelerator

Birmingham’s Velocity Accelerator, the only startup accelerator program in the state of Alabama, has selected its second class of companies to join the three-month program. Eight startups, including six from the southeast, will receive $50,000 and begin the program in January. Velocity Accelerator is based at Innovation

innovation week birmingham

In Four Years, Birmingham's Innovation Week Has Grown From Grassroots Effort to Citywide Movement

Innovation Week Birmingham, a city-wide initiative that involves players across the business, educational, and public ecosystems, kicks off its fourth year on August 18th. The event originated in 2014 as an open platform for organizations, initiatives, and individuals that nurture and drive the Magic City’s innovation ecosystem. This

Fetch

Tinder-For-Staffing Platform Fetch Saves Employers Thousands A Year

Finding the right talent is tough. Companies pay big dollars to recruiting firms to pinpoint and woo the most qualified candidates. Recruiting firms typically execute one of two (very pricey) strategies: a retained fee or contingency fee structure. It isn’t uncommon for recruiting fees to range within 15-20

Planet fundraiser funding

Planet Fundraiser Raises $1 Million to Expand Across Southeast

Birmingham, AL-based fundraising platform Planet Fundraiser closed on a $1 million round led by Bill Smith of Instacart-rival company Shipt and backed by additional Birmingham-based investors including Matt Spotswood and Mainsail Asset Management. The startup, currently enrolled in Alabama’s first seed accelerator Velocity at Innovation Depot,

Planet Fundraiser

Mobile Fundraising Platform Expands to Atlanta With New Partnerships

Birmingham-based Planet Fundraiser is yet another Southeastern startup expanding into new markets. Announced today, the startup has partnered with dining group Southern Proper Hospitality to expand into Atlanta. Planet Fundraiser offers a performance-based platform that makes it easy for merchants to quantify and measure giving to 501(c)