FIS Invites the Next Generation of Banking and Payments Innovators to Apply for its 2024 Accelerator Program

Rhea-AI Summary

FIS announces the opening of applications for the FIS Fintech Accelerator 2024, a program supporting fintech startups. The program offers a two-week incubation and 12-week intensive program for up to ten selected companies. Participants will receive mentorship, access to funding, and the opportunity to refine their products. The program, now in its ninth year, will be located in Jacksonville, FL, and New York, NY, leveraging the strong fintech ecosystems in these cities.

Key facts

• Two-week incubation and 12-week intensive program offers a unique opportunity for up to ten handpicked fintech companies to pressure-test and perfect their solutions under expert guidance.
• Participants benefit from FIS’ unparalleled position in the global financial ecosystem to launch solutions that drive economic vitality.
• Now in its ninth successful year, the program will be co-located in Jacksonville, FL and New York, NY where it will benefit from two significant fintech ecosystems.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Global financial technology leader FIS^® (NYSE: FIS) has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth. The program, now in its ninth year, will select up to ten promising fintech startups to participate in a two-week incubation and 12-week intensive program.

Selected companies will have the opportunity to work closely with FIS experts and executives—as well as potential customers and partners—to gain mentorship, refine their product-market fit, enhance their value proposition, and scale their business. Additionally, selected companies will have access to funding to bring their proof-of-concept to life through FIS. The FIS Fintech Accelerator 2024 will be co-located in Jacksonville and New York as two of the leading fintech hubs in the U.S.

"Tapping into the heart of fintech innovation requires not just an idea, but a supportive environment where that idea can be challenged, honed, and brought to fruition," said Annie Destefano, Head of Ecosystem Banking, FIS. "Our Accelerator program builds this environment—one that connects ambitious talent with over a hundred key financial institutions, potential investors, and industry peers. It is part of FIS' broader commitment to fostering and connecting the fintech startup ecosystem, and I’m excited to welcome this year’s talent."

The power of the FIS Accelerator emerges from its unparalleled position in the global financial ecosystem, with FIS' technology empowering business transactions worldwide. Since its inception eight years ago, Accelerator alumni have collectively raised over $1.5 billion in capital since completing the program, and have been awarded with nine Finovate awards, a spot in the esteemed 'GGV Fintech Innovation 50', and inclusion in the Forbes Fintech 50.

As part of the program’s wider mission, FIS also recently launched the FIS Fintech Hangout Series, a monthly initiative that convenes fintechs, investors, financial institutions, and FIS experts to share insights, best practices, and showcase the amazing work of the participating fintechs. The series kicked off in January with a focus on risk and compliance, and the next open event will be held on April 10 in New York.

Applications for the FIS Fintech Accelerator 2024 will close on April 30, 2024. Fintechs that are interested in applying can visit https://www.fisglobal.com/en/fis-fintech-accelerator or reach out to accelerator@fisglobal.com for more information.

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s 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 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 member of the Fortune 500^® and the Standard & Poor’s 500^® Index. To learn more, visit www.FISglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISglobal).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240305085511/en/

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

kim.snider@fisglobal.com

Source: Fidelity National Information Services

FAQ

What is the FIS Fintech Accelerator 2024 program about?

The FIS Fintech Accelerator 2024 is a program supporting fintech startups, offering a two-week incubation and 12-week intensive program for up to ten selected companies.

Where will the FIS Fintech Accelerator 2024 program be located?

The program will be co-located in Jacksonville, FL, and New York, NY, taking advantage of the strong fintech ecosystems in these cities.

When will applications for the FIS Fintech Accelerator 2024 close?

Applications for the program will close on April 30, 2024.

How can fintechs apply for the FIS Fintech Accelerator 2024 program?

Interested fintechs can visit https://www.fisglobal.com/en/fis-fintech-accelerator or contact accelerator@fisglobal.com for more information.