Financial services technology company FIS has announced the launch of FIS HiPo Network, a collection of high potential and early stage fintech companies and announces 2017 Fintech Accelerator.
The network is a collection of fintech companies that have demonstrated substantial promise in the development of new tools and technologies. It includes recent graduates from FIS empowered VC Fintech Accelerator. The first members of FIS HiPo network comprise of six participants from the 2016 VC Fintech Accelerator including Akouba, Bleu, Flutterwave, Fundseeder, Hexanika and LumoXchange.
“FIS has a responsibility to help our clients stay competitive today while remaining cognizant of the rapid changes taking place in the fintech industry. The FIS HiPo Network expands the innovation strategy for our firm and has been developed to bring the realization of new innovations to market in an efficient and practical manner,” Gary Norcross, FIS president, and CEO said in the release.
The FIS HiPo Network is open to fintech firms that wish to meet burgeoning needs of the financial institutions served by FIS. These fintech companies will develop the important integration points between technology platforms in order to facilitate efficient innovation. The first six member companies will take part in FIS’ annual client conference ‘FIS Connect’ that will be held from April 10-13, 2017 in Florida.
Also, FIS in collaboration with Arkansas-based The Venture Center in Little Rock announced the upcoming 2017 VC FinTech Accelerator that will be held from May 8 to July 28, 2017, at Arkansas. The accelerator will be followed by a Demo Day to investors and industry on July 27, 2017. It has invited applications, which will be open until February 5, 2017.
“Arkansas is proud to partner with FIS to continue the VC FinTech Accelerator in 2017. This year’s program brought some of the world’s most exciting financial services startups and promising tech talent to our state and we are excited to see that relationship continue. It is great to see companies like FIS investing in innovation in Arkansas and we are excited to partner with them to increase the tech footprint in our state,” Asa Hutchinson, Governor of Arkansas, said.
