Applications Open for 2018 VC FinTech Accelerator Sponsored by FIS and State of Arkansas
Key facts
- Ten FinTech startups will receive in-depth mentoring and feedback from FIS executive leadership along with a monetary
investment.
- The deadline for applications to the 2018 VC FinTech Accelerator is Feb. 5.
FIS™ (NYSE: FIS), a global leader in financial technology and services, in collaboration with the state of
Arkansas and Little Rock-based The Venture Center (VC), announced today that applications are open for the 2018 VC FinTech
Accelerator program.
Now in its third year, the VC FinTech Accelerator seeks to accelerate the development and growth of early-stage financial
technology ventures. Ten startups will be selected to participate in a rigorous 12-week program in Little Rock starting on April
30. In addition to monetary investment, each VC FinTech Accelerator participant will receive in-depth mentoring and training from
FIS and The Venture Center as well as personal access to the FIS C-suite and senior leaders.
“FIS is proud to sponsor the VC FinTech Accelerator program again in 2018,” said Gary Norcross, FIS president and CEO. “The
Accelerator is part of our broader innovative strategy of investing in and bringing to market disruptive new technologies to help
our clients unleash innovation in their organizations. We look forward to discovering a new set of potentially game-changing
innovations in this year’s participant class.”
The 2017 program received 295 applications from startup financial technology firms across the United States and 39 other
countries. Benefits for numerous past participants include:
- Reseller and investment agreements with FIS
- Endorsement by the American Bankers Association
- Raising a combined $20 million in follow-on capital after completion of the program
- Finovate “Best of Show” designation
Key focus areas of previous participants included artificial intelligence, blockchain, regulatory, wealth and advanced
analytics. Some of the most successful companies also have been selected for the FIS HiPo Network, a collection of high-potential
firms that develop innovative tools and technologies to better enable financial institutions around the world.
Applications for the 2018 program will close on Feb. 5.
“We are excited to continue this collaboration with FIS to facilitate the development and growth of financial technology
startups,” said Wayne Miller, managing director of the FinTech Accelerator at The Venture Center. “Among financial technology
accelerator programs, the VC FinTech Accelerator stands out by providing real-world training and mentorship from FIS and The
Venture Center, along with the ability to tap into FIS’ global network. Additionally, The Venture Center brings to the table
hundreds of relationships with industry experts, banks from coast to coast, and officials at governmental and regulatory
bodies.”
FinTech startups can apply to the 2018 VC FinTech Accelerator at www.f6s.com/vcfintech/apply.
To learn more about the VC FinTech Accelerator, visit www.venturecenter.co/vcfintech.
About FIS
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global
capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla.,
FIS employs more than 53,000 people worldwide and holds leadership positions in payment processing, financial software and banking
solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500
company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday) and Twitter (@FISGlobal).
About The Venture Center
The Venture Center helps entrepreneurs turn their start-ups into viable, high-growth businesses. By leveraging the expertise of
a world-class team of mentors, intensive programming and introductions to the investor community, The Venture Center serves as an
engine for economic growth in Central Arkansas and beyond. In the first three years, The Venture Center’s member companies have
created more than 445 jobs, generated $28 million in revenue and have raised a combined $39 million in capital. For more
information, visit http://www.venturecenter.co.
Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
kim.snider@fisglobal.com
or
Laura Chambers Waliski, 501.404.9875
Marketing Manager
The Venture Center
laura@venturecenter.co
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