FIS Selects Ten Startups for 2020 Fintech Accelerator Program

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Financial technology leader FIS (NYSE: FIS) and The Venture Center have announced the ten companies selected to participate in the 2020 FIS Fintech Accelerator program.

In its fifth year, the FIS Fintech Accelerator program is focused on identifying and fostering startup financial technology firms with promising, high-potential technologies that advance the way the world pays, banks and invests. The 2020 program received applications from fintech companies in the U.S. and 29 other countries.

The ten selected startups and their areas of focus are:

  • Cirrus Secure (Evergreen, CO) lending automation
  • Cobbler Technologies (Little Rock, AR) application development
  • Dasceq (Dallas, TX) “ accounts receivables and collections
  • Mall IQ (San Francisco, CA and Istanbul, Turkey) “ location intelligence
  • Sequretek (Mumbai, India) “ cyber security
  • Silot (Singapore) “ small business services
  • Stratyfy (New York, NY) “ risk-based decision-making
  • Surfly (Amsterdam, The Netherlands) “ co-browsing and video chat technology
  • TrustStamp (Atlanta, GA) “ secure authentication
  • XpenseOne (Spokane, WA) “ expense management automation

Due to the COVID-19 pandemic, the 2020 program will be conducted entirely virtually. The traditional 12-week program has also been extended by six weeks to provide additional opportunities for in-depth mentoring and training for the startup firms from FIS, The Venture Center and participating banks and financial institutions. Each company will also receive a monetary investment.

The FIS Fintech Accelerator is a key part of our overall investment strategy at FIS to develop and bring to market the most innovative, leading-edge technology innovations for our clients, said Asif Ramji, Chief Growth Officer at FIS. The ten companies selected for the fifth year of FIS Accelerator program bring a wealth of promising ideas and technologies. We look forward to working with these firms to bring their ideas to life.

The FIS Fintech Accelerator program has a demonstrated history of accelerating highly successful companies and expanding financial access in all corners of the world, said Wayne Miller, Executive Director of The Venture Center. With our partners at FIS and the State of Arkansas, were honored to be a part of bringing cutting-edge technologies to the places and people who need them, particularly in this moment of monumental technological advancement.

The 2020 program will culminate with a Demo Day on October 14th, where leaders from each of the participating firms will showcase their innovations to financial services leaders and influencers, potential investors and successful entrepreneurs.

Past graduates of the FIS Fintech Accelerator have gone on to secure additional capital funding, win industry awards, and in some cases form partnerships with FIS to bring their innovations to market. As an example, FIS recently integrated technology from 2016 Accelerator graduate Flutterwave to allow Worldpay from FIS merchants to process online payments in Africa.

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500 company and is a member of Standard & Poors 500 Index. To learn more, visit Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

[email protected]