Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator programme, allowing participants to develop their solutions through mentoring, training and a monetary 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 privacy automation, crypto currency risk management, fraud transaction monitoring, cloud-based compliance, earned wage access and regulatory compliance solutions.

Firms founded by women comprise thirty per cent of the 2022 cohort.

All ten startups will meet with hundreds of bankers, financial services leaders, and venture capital firms during the Accelerator programme.

Financial technology leader FIS® and The Venture Center have announced the ten companies selected for the 2022 FIS Fintech Accelerator programme, providing these growth-stage fintechs with mentoring, training and a monetary investment to develop their solutions.

The FIS Fintech Accelerator programme is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies. Graduates of the programme 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 graduates.

Now in its seventh year, the Accelerator is a key strategic pillar of FIS Impact Ventures, the corporate venture investment division of FIS that identifies and helps evolve new technologies. With 30 per cent of this year’s cohort consisting of women founders, the ten selected companies and their technologies are:

Connect Earth – Green environmental impact banking

Equipifi – Buy now pay later

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

Nickels – Credit card debt management for financial wellness

Privacy Lock – Data privacy automation

Sardine – ACH money movement and crypto currency risk management

Sygno – Fraud transaction monitoring

Redactable – Cloud-based compliance

Tapcheck – Earned wage access for employee financial wellness

Themis – Regulatory compliance solutions

“FIS’ Accelerator provides fintech startups with the guidance from leaders and subject matter experts, access to developers and clients, and a strategy to create a path forward with FIS,” said Head of FIS Impact Ventures Fintech Advocacy, FIS, Elaine Duff,. “We’re 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 advancing technologies and provide better opportunities for customers. As we enter our seventh year partnering with Venture Center and FIS, Arkansas looks forward to hosting the next group of minds who will stir the coals of innovation.”

“We are excited to kick off the seventh year of our partnership with FIS and the State of Arkansas to produce the 2022 FIS Fintech Accelerator,” said Executive Director of The Venture Center, Wayne Miller. “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 partnership is all about, and the programme is certain 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 is perfectly aligned with our own goal to drive 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. Registration is required  to attend. A video recording of the showcase will be available after the event.

The 2022 programme will culminate with a Demo Day on Nov. 9 when leaders from each of the participating firms will showcase their innovations to financial services leaders and influencers, potential investors and successful entrepreneurs.