Inside FIS’ fintech accelerator
- FIS has announced a new cohort for its fintech accelerator.
- Tearsheet sits with the head of the accelerator and a founder of a participating company to understand how it works.
We’ve spoken to a lot of innovation program execs on this podcast. From corporate venture investing to accelerator programs, traditional FIs, in various ways, are trying to leverage the innovation that’s happening in fintech. This hasn’t been lost on the providers, either. FIS runs its own accelerator that gets early-stage fintech firms in front of its clients to help solve their problems.
FIS Banking Product Officer Spencer Jones joins me on the podcast along with Laura Kornhauser, CEO and founder of Stratyfy, a fintech company in the current cohort at the accelerator that develops AI-driven predictive-modeling software for FIs.
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The following excerpts were edited for clarity.
The FIS accelerator
Spencer Jones, FIS: It’s our fifth year. And I would say we’ve learned a little bit more each year on how to be more effective and more focused. And so we’re excited about the fifth year. I think it’s our best year ever, our best cohort. And we’re very excited about how we continue to mature this.
I’d point out two things about the accelerator: one is that the accelerator is about us bringing solution sets to our clients that we may not have at the moment, we may not be investing in or may not invest to build on our own.
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