equipifi wins the Audience Choice Award at the 2022 FIS Fintech Accelerator Virtual Demo Day
SCOTTSDALE, Ariz., 5 January 2023 /PRNewswire/ — equipment, a fintech company that provides banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that it was selected as the winner of the Audience Choice Award at this year’s FIS® Fintech Accelerator Program’s Virtual Demo Day. With over 170 banks, venture capital firms and investors in attendance, equipifi’s pitch was selected from a group of ten companies in the seventh FIS Fintech Accelerator program.
equipifi’s pitch was selected from a group of ten companies in the seventh FIS Fintech Accelerator program.
According to The Financial Brand, the US BNPL transaction volume will surpass 100 billion dollars by 2024. equipifi’s technology enables financial institutions to introduce BNPL to cardholders for qualifying debit transactions on their existing banking app, providing a more transparent alternative to third-party BNPL solutions today. It also creates opportunities for engagement and increased income for financial institutions.
Earlier in 2022, equipifi announced that they had been selected to participate in the seventh FIS Fintech Accelerator program, in collaboration with The Venture Center. The FIS Fintech Accelerator program brings bankers, subject matter experts and financial services leaders together with pre-screened, market-validated fintech companies to advance the financial services industry.
“We are honored to have been selected for the Audience Choice Award by this year’s Virtual Demo Day attendees,” said Bryce Deeney, co-founder and CEO of equipifi. “This award is a testament to all the hard work and dedication that has gone into growing Gear over the past year, and we are grateful to FIS and the Venture Center for contributing to this growth.”
The 2022 FIS Fintech Accelerator program is a 12-week program that began on July 19. The program held its own demo day on November 9th, where fintechs demonstrated their solutions to hundreds of leading financial institutions, potential investors and industry participants. This event was followed by the Virtual Demo Day, which took place on it December 7.
About equipifi
equipifi is a fintech SaaS that powers banks and credit unions with Buy Now, Pay Later (BNPL) solutions that are in line with customers’ financial goals. The Equipifi platform integrates seamlessly with financial institutions to help them deepen customer engagement, increase market share, increase revenue and provide a single place to view, accept and manage BNPL plans on their existing banking app. For more information, please visit www.equipifi.com.
FIS is a leading supplier of technology solutions for financial institutions and businesses of all sizes and across all industries globally. We enable the movement of trade by unlocking the financial technology that powers the world economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our customers use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. With headquarters in Jacksonville, Florida, FIS is a member of the Fortune 500® and Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).
About the Venture Center
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early- to late-stage companies and help validate their solutions to real-world problems. Our methodology provides a unique opportunity to connect with community banking leaders, receive seed investment, and learn from a comprehensive curriculum that helps strategically address challenges facing the marketplace, business, and finance. Learn more at www.venturecenter.co. Follow the Venture Center further Facebook, LinkedIn, Twitter(@VentureCenter), and Instagram.
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