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Fidelity National Information Services Inc. (FIS) has launched what it calls a network of early-stage financial-services technology startups that it says w
The FIS HiPo Network, short for “high potential,” so far includes half a dozen fintech startups: Akouba, an online platform for the processing of small-business loans; Bleu, a vendor of Bluetooth wireless solutions for merchants; Flutterwave, a provider of technology that enables merchant service providers to process payments across multiple channels; Fundseeder, an analytics platform for traders; Hexanika, provider of a solution that helps banks meet regulatory requirements; and LumoXchange, which offers what is said to be the world’s first currency exchange global peer-to-peer payments.
“The FIS HiPo Network is open to fintech companies that have the opportunity and interest to meet burgeoning needs of the financial institutions that FIS serves and to develop the key integration points between technology platforms to facilitate efficient innovation,” the company says in a news release issued Thursday.
