FIS selected 10 startups for its fourth Fintech Accelerator Program
Fidelity National Information Services (FIS), a global financial technology giant that provides software for payment processing and other services mostly to banks, has selected ten technology startups to participate in its fourth annual FIS Fintech Accelerator program. The program is run in collaboration with Venture Center.
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 10 selected portfolio companies are:
- Digital Onboarding, Boston, MA
- Gremlin Social, St. Louis, MO
- Sendmi, Lehi, UT
- ChangeEd, Chicago, IL
- Voleo, Vancouver, Canada
- Neener Analytics, Sunnyvale, CA
- Genivity, Chicago, IL
- Curu, Charlotte, NC
- Highside, Bethesda, MD
- Mimble, Portland, OR
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.
Back in March, FIS acquired Worldpay for $35 billion deal to create the new global giant in payments. Worldpay makes technology that underpins credit card and other transactions for e-commerce merchants.
“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.
Founded 51 years ago, the Jacksonville, Florida-based FIS provides payment processing and banking software, services and outsourcing of the associated technology. FIS has over 20,000 clients in more than 130 countries and employs 52,000 people worldwide. FIS was ranked the #1 Financial Technology company on the FinTech100 in 2013 and 2014.