In the past 5 years, FIS's accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. They have produced 11 Finovate award winners including 7 Best of Show winners.

Here are 10 members of the 2020 cohort which was conducted remotely. Two were selected for additional recognition:

  • TrustStamp was selected by the virtual audience (via Zoom poll) as Best of Show
  • SequreTek was selected MVP by the FIS folks. The MVP company will automatically receive a slot to present at Finovate next year.
Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day

Cirrus Secure

Description: Secure document portal for lenders

HQ: Denver, CO

Founded: 2014

Sample Clients
– Zions Bank
– NBH Bank
– Bank of the West (BNP Paribas)
– Byline Bank
– ConnectOne Bank

Award: MVP of the FIS 2020 Fintech Accelerator

Founder: David Brooks, CEO

Website | LinkedIn

Dasceq

Description: Platform for improving the collections process and customer experience

HQ: Dallas, Texas

Founded: 2017

Metrics (last 3 years):
– increase agent efficiency 10% to 45%
– collect 3% to 10% more money
– power 2,700 collection agents
– collected $31M delinquent payments
– created 125 consumer profiles across 100 variables
– captured 7 billion proprietary data points

Founder: Abhishek Goel, CEO

Website | LinkedIn | Twitter

LeapXL 6-minute demo @FIS Fintech Accelerator Demo Day

LeapXL

Description: No-code application development program for financial institutions

HQ: Little Rock, Arkansas

Founder: Marla Johnson, CEO

Website | LinkedIn | Twitter

Mall IQ 7-min demo @FIS Fintech Accelerator Demo Day

Mall IQ

Description: Location-based mobile engagement system

HQ: San Francisco + Instanbul

Founded: 2015

Raised: $1.5M

Founders:
Batu Sat, CEO
Ferit Ozan Akgul, CTO

Metrics
– 10 million monthly active users
– 5 billion monthly location calls

Website | LinkedIn | Twitter

Sequretek 7-min demo @FIS Fintech Accelerator Demo Day

Sequretek

Description: Cybersecurity for financial institutions

Business model: Enterprise SAS

HQ: Mumbai + Woodbridge, NJ

Funding: $5M

Metrics
– 350 employees including 150 researchers and developers
– 80+ customers in USA, EU, and India
– 50% CAGR past 5 years

Founders
– Anand Naik, CEO
– Pankit Desai, CEO

Website | LinkedIn

Silot 7-minute demo @FIS Fintech Accelerator Demo Day

Silot

Description: White-labeled merchant services app

Business model: Distributed via banks to merchants

HQ: Singapore

Raised: $11.7M

Founded: 2017

Founder: Andy Li, CEO

Website | LinkedIn

Stratyfy 7-minute demo @FIS Fintech Accelerator Demo Day

Stratyfy

Description: Helps lenders improve risk-based decision-making across their organization

Business model: Enterprise

HQ: NYC

Raised: $1.8M

Sample customers:
– LendKey
– Aflac
– CreditSpring

Founder: Laura Kornhauser, CEO

Website | LinkedIn | Twitte

Surfly 7-minute demo @FIS Fintech Accelerator Demo Day

Surfly

Description: Co-browsing, document sharing and video chat for digital customer service

Business model: Enterprise sales

HQ: Amsterdam

Funding: $3.8M

Founded: 2012

Founder: Nicholas Piel, CEO

Metrics: Grew from 9 to 30 people in past 7 months

Website | LinkedIn | Twitter

TrustStamp 7-minute demo @FIS Fintech Accelerator Demo Day

TrustStamp

Description: Biometric authentication system to reduce fraud while protecting user privacy.

HQ: Atlanta, Georgia

Raised: $15.5M

Key customers:
– Synchrony
– Mastercard
– Bloomberg
– Equifax
– Naea PropertyMark
– Vital

Key investor: Mastercard

Metrics: $2.1M revenue in 2019

Award: Audience choice for Best of Show, FIS 2020 Accelerator Demo Day

Founder: Andrew Gowasack, President

Website| LinkedIn | Twitter

XpenseOne 7-min demo @FIS Fintech Accelerator Demo Day

XpenseOne (aka Obloco)

Description: Automated expense/card management solutions for SMB customers.

Business model: B2B2SMB

Target customers: SMBs with 5 to 50 expense account users

Wholesale pricing: $15/mo per business (unlimited users per business)

HQ: Spokane, WA

Founded: 2014

Founder: Jim Schlosser, CEO

Website | LinkedIn | Twitter