FIS reveals VC FinTech Accelerator program winners

FIS, a financial technology company, and The Venture Center have announced the 10 start-up companies selected to participate in the 2018 VC FinTech Accelerator program.Dollar spending on technology
Winners are:

Arcanum – Athens, Ga.

Billon Group – London/Warsaw/Poland

Bucket – Santa Monica, Calif./Bentonville, Ark.

FinVoice – San Francisco

Gas POS – Birmingham, Ala.

LexAlign – Austin, Texas

Pay Your Tuition Funds – Washington, D.C.

Sonect AG – Zurich

Upper Room Technology – Green Bay, Wis.

Verikai – San Francisco

The VC FinTech Accelerator, now in its third year, focuses on identifying and accelerating the development of early-stage financial technology ventures.

The 2018 program received 281 applications from start-ups across the United States and 46 other countries.

The selected technology companies will participate in a 12-week program to accelerate the development of their technology solutions. Each company will receive mentoring and training from FIS and The Venture Center as well as a monetary investment of $75,000.

“The FinTech Accelerator is a key part of FIS’ broader innovation strategy to develop and invest in breakthrough technologies for our clients. We look forward to seeing the ideas that flow from this year’s participants,” said Gary Norcross, FIS president and CEO.

Leaders from the participating firms will showcase their innovations to potential investors, regional and local community leaders and financial institutions and companies from across the country — on the Demo Day on July 18 at the Robinson Auditorium in Little Rock.

Participants of past VC FinTech Accelerator programs have raised a combined approximately $39 million in capital and several have entered into formal agreements with FIS. Four of the start-ups have established their headquarters in Little Rock.

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