FIS Modern Banking Platform
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May 07, 2019
LITTLE ROCK, Ark., May 2, 2019 – FIS™ (NYSE: FIS), a global leader in financial services technology, and The Venture Center have announced the 10 portfolio companies selected to participate in the fourth annual FIS Fintech Accelerator program.
Executives from FIS and The Venture Center as well as community leaders were in attendance to meet this year’s participants at the kickoff event held yesterday at The Venture Center. The 2019 program received 225 applications from fintech companies across the U.S. and 31 other countries.
The selected companies will participate in a rigorous 12-week program designed to accelerate the development of their financial innovations. Each company will receive in-depth mentoring and training from FIS and The Venture Center as well as a monetary investment.
“We are excited to welcome these ten startups to our accelerator program and eager to see the technology they will bring to market in the months and years ahead,” said Bruce Lowthers, chief operating officer, Integrated Financial Services at FIS. “The pace of fintech innovation continues to accelerate, placing ever more importance on creative ideas and new solutions. The FIS Fintech Accelerator program is about bringing that innovation to life.”
“Our selection process combined with the extraordinary resources that FIS and the State have dedicated to this program is what has made this program a success, said Wayne Miller, Executive Director of The Venture Center. “We’re grateful for the continued collaboration with the FIS team and are excited to be kicking off the fourth program this year.”
The 2019 program will culminate with a Demo Day on July 17th, where leaders from each of the participating firms will showcase their innovations to potential investors, regional community leaders and successful entrepreneurs.
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 47,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit https://www.fisglobal.com.
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early-stage companies and help them validate their solutions for real-world problems. Our methodology provides a unique opportunity to connect with C-level suite global executives, receive seed investment and learn from a comprehensive curriculum that will aid in strategically addressing go-to-market, business, and finance challenges.
To learn more about the program, visit venturecenter.co/fis-accelerator.
For More Information
Kim Snider, 904.438.6278 Senior Vice President FIS Global Marketing and Communications firstname.lastname@example.org
Jessica Head, 214.938.1330 Director of Communications + Brand Engagement The Venture Center email@example.com
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