Source: FIS

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.