[Andera] develops software that allows customers to quickly and easily open new bank accounts over the Internet without having to go a bank branch.

...the last 18 months have been a whirlwind as the company signed up the majority of its current 50 customers, which include Bank Rhode Island and Cape Cod Five Cents Savings Bank.

Andera's growth has been fueled in large part by support within Rhode Island. The Rhode Island Economic Development Corporation loaned Andera $150,000, the Slater Technology Fund invested $50,000, the Providence Economic Development Partnership loaned $60,000, the Business Development Company of Rhode Island loaned $50,000, and local investment firm Building2 made a $300,000 investment.