From ideas to impact: STX Next portfolio

Founded in 2005, Key Ingredient is based in Austin, Texas, and features more than 2 million recipes that have been shared by cooks over the years. With about 3,000,000 unique visitors per month, their largest demographic segment consists of millennial home cooks. Part of Groupe SEB.

Paze was founded on the premise of eliminating the dependency on short-term credit and encourage working people to save. It is a next-generation consumer finance company that lets customers get the money they’ve already earned without waiting for payday. Paze does this by paying customers their salary on a daily, weekly, or on-demand basis and collecting from the employer at the end of the month. Acquired by Contis in 2018.

finstreet GmbH provides consulting services to banking and financial services organizations in Germany. Their focus is on the conceptual design, as well as the development and distribution of digital products and business models.

Dealini is an ecommerce platform for buying various products in auctions, where the products are presented on a ‘daily deal’ basis. Their project, e-catch, is an auctions-based market survey site. By using the mechanism of auctions, the service provides users with information on what price customers are willing to pay for certain products. The users of e-catch can also buy items related to those put on auctions at a reduced price, although the main focus of this project is to research the market.