Railz at FIS Kickoff 2021 for FIS Fintech Accelerator Program in Partnership with The Venture Center
Fidelity National Information Services (FIS) recently announced their 2021 FIS Fintech Accelerator Program, in partnership with The Venture Center. Railz was one of the ten chosen companies to participate in the sixth annual accelerator.
What is Fidelity National Information Services (FIS)?
FIS (NYSE: FIS)is a leading provider of technology solutions for merchants, banks, and capital markets firms globally who are dedicated to advancing the way the world pays, banks, and invests by applying scale, deep expertise and data-driven insights. FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
What is The Venture Center?
The Venture Center’s immersive accelerator programs are designed to accelerate the growth of early-to-late stage companies and help validate their solutions for real-world problems. Their methodology is focused on providing a unique opportunity to connect with bank executives, receive seed investment, and learn from a comprehensive curriculum aiding in strategically addressing go-to-market, business, and finance challenges.
The 6th annual 2021 FIS Fintech Accelerator Program
The 6th annual 2021 FIS Fintech Accelerator Program focused on highlighting financial technology (fintech) solutions focused on authentication, lending, and banking-as-a-service. The selected organizations and startups cover topics like credit monitoring, automation, financial wellness, and customer relationship management. Each of the ten companies has the opportunity to connect with financial institutions (FIs) — hundreds of bankers, financial services leaders, and venture capital firms will be accessible during the Accelerator program.
Railz Selected for 2021 FIS Fintech Accelerator Program
Railz was selected as one of the ten companies to participate and we’re so excited! The program began with a kickoff event on June 9th was a great intro into what was to come for the FIS Fintech Accelerator Program.
We were given a warm welcome by FIS, The Venture Center, and city members of Little Rock, Arkansas (the host city of the accelerator). The virtual event allowed each of the selected companies to pitch their startup. Aside from our data-as-a-service solution, the nine other selected startups for the accelerator span many incredible fintech solutions:
Sohaib Zahid, Railz’s co-founder and CEO introduced our company to an audience of the FIS accelerator program participants and creators and financial institutions.
“We help banks and financial institutions understand their small-medium enterprise [customers] with fast and easy access to [the SME customer] accounting data. There are 30,000,000 SMBs in the US which really means there are 30,000,000 accounting datasets that banks and financial institutions have to understand. Railz… helps banks make sense of this dataset.”
Sohaib Zahid, cofounder and CEO, presenting Railz at FIS Kickoff 2021 for FIS Fintech Accelerator Program in Partnership with The Venture Center
Sifting through all that messy data from small and medium businesses is a challenge for financial institutions. Railz normalizes, sanitizes, and analyzes that data across top accounting service providers.
We’re so excited for the program and look forward to connecting with the other participants! Thank you to everyone who made this program possible.
Samantha Lloyd is the Director of Marketing at Railz. We're building the largest financial data network to support the future of finance. She has a decade of experience building organic growth, brand, and digital marketing for startups and technology companies. In her free time, you can find Sam SCUBA diving, snorkelling, paddle boarding, and jet skiing.