FIS Impact Ventures selects ten startups to develop their Fintech solutions in the 2022 Accelerator

Keywords:

• Ten growth-stage fintech companies have been selected to participate in the 2022 FIS Fintech Accelerator program, which allows participants to develop their solutions through mentoring, training and a financial investment.

• Presented by FIS Impact Ventures and The Venture Center, this year’s cohort represents green banking, buy now, pay later, P2P payments, debt management, data protection automation, cryptocurrency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and compliance solutions regulations.

• Companies founded by women make up thirty percent of the 2022 cohort.

• All ten startups will meet hundreds of bankers, financial services executives and venture capital firms during the Accelerator program.

JACKSONVILLE, Florida, August 10, 2022–(BUSINESS WIRE)–Financial technology leader FIS^® (NYSE: FIS) and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator program, providing these growth-stage fintechs with guidance, training and a monetary investment to develop their solutions.

The FIS Fintech Accelerator program is focused on identifying and promoting financial technology start-ups with promising technologies with high potential. Graduates of the program have gone on to secure additional capital funding, win industry awards and form partnerships with FIS to bring their innovations to market. Currently, FIS is integrating technology or actively working with nine of the ten 2021 Accelerator candidates.

Now in its seventh year, the Accelerator is an important strategic pillar of FIS Impact Ventures, the corporate investment arm of FIS that identifies and helps develop new technologies. With 30% of this year’s cohort consisting of female founders, the ten selected companies and their technologies are:

• Connect to earth – Green environmental impact bank

• Equipment – Buy now, pay later

• Neural payments – P2P (peer-to-peer) payments

• Nickel – Credit card debt management for financial wellness

• Privacy lock – Automation of privacy

• Sardine – ACH money movement and cryptocurrency risk management

• Sygno – Monitoring of fraudulent transactions

• Editable – Cloud-based compliance

• Press check – Earned wage access for employees’ financial well-being

• Themis – Solutions for regulatory compliance

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“FIS’ Accelerator provides fintech startups with guidance from executives and subject matter experts, access to developers and customers, and a strategy to forge a path forward with FIS,” said Elaine Duff, Head of FIS Impact Ventures Fintech Advocacy, FIS. “We are thrilled to have these ten companies on board to explore their ideas and technologies while providing them with incredible tools and resources to build their businesses.”

“Arkansas is globally recognized as a financial technology center. FinTech was created here, and with programs like the FIS Fintech Accelerator, we continue to drive innovation,” said Governor Asa Hutchinson. “The future is coming, so banking and finance must evolve to meet the advanced technologies and provide better opportunities for customers. As we enter our seventh year of collaboration with the Venture Center and FIS, Arkansas looks forward to hosting the next batch of minds that will stir the coals of innovation.”

“We are excited to begin the seventh year of our partnership with FIS and the State of Arkansas to produce the 2022 FIS Fintech Accelerator,” said Wayne Miller, CEO of The Venture Center. “Our work with FIS is more important than ever as digital transformation continues to revolutionize everything we do. This year’s cohort demonstrates what fintech partnerships are all about, and the program is sure to be elevated as we work with the President of FIS Impact Ventures, Rob Lee, and his team, whose dedication to fintech advocacy, diversity and inclusion aligns perfectly with our own goal of creating meaningful impact.”

The public is invited to learn more about these companies at the VenCent Fintech Summit on August 15 at 8 a.m. CST. Register here to participate. A video recording of the showcase will be available after the event.

The 2022 program will culminate with a demo day on November 9 when leaders from each of the participating firms will showcase their innovations to financial services leaders and influencers, potential investors and successful entrepreneurs.

About FIS

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 people 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. FIS is headquartered in Jacksonville, Florida and 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).

See the source version at businesswire.com: https://www.businesswire.com/news/home/20220810005058/en/

Contacts

Kim Snider, 904.438.6278
Senior Vice President
FIS Global marketing and communication
[email protected]