Keep your bank at the forefront of FinTech innovation with these insights from Wayne Miller, Managing Director of the VC FinTech Accelerator.
Felipe Chen was one of the three entrepreneurs that visited as part of the partnership with Global Ties Arkansas and YLAI. Felipe is the co-founder and CEO of Algebry, a company that uses artificial intelligence as a math tutor for students.
Plenty of articles stress the need for or lack of diversity in the startup world, but without specific evidence, that argument might fall flat with some audiences. Using the positive trends of our 2016 and 2017 portfolio companies, we offer several examples of success that back up the claim that diversity benefits founders of all backgrounds.
Now in its third year, the VC FinTech Accelerator seeks to accelerate the development and growth of early-stage financial technology ventures. Ten startups will be selected to participate in a rigorous 12-week program in Little Rock starting on April 30. In addition to monetary investment, each VC FinTech Accelerator participant will receive in-depth mentoring and training from FIS and The Venture Center as well as personal access to the FIS C-suite and senior leaders.
John Presime was one of the three entrepreneurs that visited as part of the partnership with Global Ties Arkansas and YLAI. John is the founder and general manager of #FotoNet, an internet café that provides IT services, internet access, and computer training to low-income and middle-class communities in the Dominican Republic.
While at the Venture Center, President Bullard discussed the knowledge and technology emerging from the VC FinTech Accelerator and learned more about challenges facing financial institutions, including regulatory compliance, disruptive innovation and technology, changing consumer demands and lack of financial literacy.