Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for 2021 FIS Fintech Accelerator Program
FIS announces the ten companies selected for its 2021 Fintech Accelerator program, aimed at fostering innovative fintech startups. This year marks the program's sixth iteration, receiving applications from firms across the U.S. and 29 other countries. The selected companies focus on areas such as credit monitoring, banking-as-a-service, and customer relationship management. The program will start on June 7, culminating in a Demo Day on August 26, where startups will showcase their solutions to investors and industry leaders.
- Ten innovative fintech companies selected, showcasing diverse solutions.
- 30% of participants are women-led startups, promoting diversity.
- Past graduates have secured funding and awards, indicating program effectiveness.
- None.
Financial technology leader FIS® (NYSE: FIS) and The Venture Center have announced the ten companies selected to participate in the 2021 FIS Fintech Accelerator program.
In its sixth year, the FIS Fintech Accelerator program is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies that advance the way the world pays, banks and invests. The 2021 program received applications from fintech companies in the U.S. and 29 other countries.
The ten selected fintech companies and their focus areas are:
- Array– Credit monitoring
- AtomicFI – Authentication / direct deposit
- Bankifi – Banking-as-a-service
- BankLabs – Lending
- Informed.IQ – Automation
- Long Game – Financial wellness
- OakNorth – Lending
- Railz– Banking-as-a-service
- TaxStatus – Authentication / lending
- Vymo– Customer relationship management
The public is invited to learn more about these companies at the FIS Fintech Accelerator Virtual Kickoff on June 9, 2021 at 11 a.m. CST. Register here to attend.
Thirty percent of this year’s cohort features solutions created by women founders. The 2021 program again will be conducted virtually. The 12-week accelerator program begins on June 7 and is preceded by a four-week program to prepare company founders to work with FIS and its clients.
“The future of fintech will be impacted by innovators that bring forward breakthrough technology ideas that have real-world value for financial services organizations,” said Ariel Mendiola, head of FIS Ventures. “That’s the spirit of innovation we look for each year in our Accelerator program, and we are seeing it again with this year’s applicants. We congratulate these ten chosen participants and look forward to working with them as part of the program’s class of 2021.”
“FIS continues to lead the world of innovation through programs including the FIS Fintech Accelerator, in partnership with The Venture Center,” said Wayne Miller, Executive Director, The Venture Center. “This program has grown immensely in both scope and stature over the past six years, and we are proud to play a pivotal role ushering in a new era of technology alongside the most talented founders in the world.”
The 2021 program will culminate with a Demo Day on August 26, where leaders from each of the participating firms will demonstrate their refined solutions to hundreds of leading financial institutions, potential investors and industry participants.
Past graduates of the FIS Fintech Accelerator have gone on to secure additional capital funding, win industry awards, and in some cases enter into agreements with FIS to bring their innovations to market.
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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