2021 FIS Fintech Accelerator Accepting Applications
February 11 2021 - 8:00AM
Business Wire
Key facts:
- Ten growth-stage fintech startups will be selected and will
present their solutions to more than 100 leading financial
institutions, potential investors and industry participants.
- April 9 is the deadline to apply for the 2021 FIS Fintech
Accelerator.
- 12-week program will again be conducted virtually in 2021.
Financial technology leader FIS® (NYSE: FIS) announced today
that applications are being accepted for the 2021 FIS Fintech
Accelerator program.
In its sixth year, the FIS Fintech Accelerator, in partnership
with The Venture Center and the State of Arkansas, is focused on
finding and helping high-potential growth-stage fintech startups
accelerate the development of innovative solutions that advance the
financial services industry.
The 2021 program is open to growth-stage fintech firms with
established customers and recurring revenue. The program encourages
applications from startups owned or operated by women and
underrepresented minorities.
Ten fintech companies will be selected to take part in the
program with experts from FIS and the industry. Each selected
company will also receive a monetary investment and have the
opportunity to demonstrate their refined solutions to more than 100
leading financial institutions, potential investors and industry
participants at the 2021 FIS Demo Day on August 26.
Due to the current pandemic, the 2021 program again will be
conducted virtually. Applications can be completed online through
April 9. A four-week incubator to prepare company founders to work
with FIS and its clients will precede the 12-week accelerator
program beginning June 7.
Past participants of the Accelerator program have deepened
relationships within the FIS network and won numerous industry
awards including Finovate’s Best in Show. They have also raised
tens of millions of dollars in capital to advance their businesses
and established partnerships with leading financial institutions to
bring their solutions to market.
“The pandemic has only heightened the need among financial
institutions for innovative digital solutions to better serve their
customers and enhance efficiency,” said Ariel Mendiola, head of FIS
Ventures. “Through our virtual program in 2020, we saw a
significant increase in participation by banks and other
institutions that provided input to the startup companies. We are
looking forward to another exciting FIS Fintech Accelerator in
2021.”
“Arkansas is the birthplace of fintech and the epicenter of
financial technology innovation,” Governor Asa Hutchinson said.
“Thanks to the FIS Fintech Accelerator, Little Rock is an oasis for
fintech entrepreneurs to receive mentoring that will inspire more
cutting-edge technology. Welcome to the next slate of Accelerator
go-getters who are fearlessly pushing the boundaries of financial
services.”
“This year’s FIS Fintech Accelerator program will introduce
fintech entrepreneurs to more decision-makers within FIS than ever
before,” said Wayne Miller, Executive Director of The Venture
Center. “As the opportunity for visionaries to speed their
solutions to market continues on a trajectory of exponential
growth, The Venture Center is ready to guide them through the
experience.”
Previous participants of the FIS Accelerator have advanced
innovations in a range of technology areas including tokenization,
lending automation, location intelligence, cyber security, small
business services, risk-based decision-making, co-browsing and
video chat technology, and expense management automation. A number
of past graduates have also gone on to sign reseller and investment
agreements with FIS and receive industry recognition.
Learn more about the FIS Fintech Accelerator at
www.venturecenter.co/fisfintech.
About FIS FIS is a leading
provider of technology solutions for merchants, banks and capital
markets firms globally. Our employees are dedicated to advancing
the way the world pays, banks and invests by applying our scale,
deep expertise and data-driven insights. We help our clients use
technology in innovative ways to solve business-critical challenges
and deliver superior experiences for their customers. Headquartered
in Jacksonville, Florida, FIS is a Fortune 500® company and is a
member of Standard & Poor’s 500® Index. To learn more, visit
www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter
(@FISGlobal).
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version on businesswire.com: https://www.businesswire.com/news/home/20210211005046/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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