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FIS

North America, Florida, United States, Jacksonville

Description

FIS Ventures serves as the dedicated corporate venture capital arm of FIS, a global leader in financial technology solutions. Launched in 2021, this strategic investment vehicle was established to identify, invest in, and partner with innovative early-stage and growth-stage fintech companies that are shaping the future of financial services. Its primary objective is to foster advancements in key areas aligned with FIS's extensive product portfolio, including embedded finance, artificial intelligence and machine learning, blockchain technologies, payments innovation, and next-generation banking infrastructure. Through these investments, FIS aims to gain insights into emerging trends, explore potential integrations with its core offerings, and enhance its competitive edge in the rapidly evolving fintech landscape.

The investment strategy of FIS Ventures is highly focused on strategic alignment, seeking companies that can either complement or disrupt existing financial services paradigms. While the fund participates across various stages, it typically targets Series A, B, and C rounds, occasionally engaging in seed investments for highly strategic opportunities. FIS Ventures is known for its collaborative approach, often co-investing alongside traditional venture capital firms. Its typical first cheque size for portfolio companies generally ranges from $1 million to $10 million, reflecting its commitment to supporting companies through critical development phases.

Beyond capital, FIS Ventures offers its portfolio companies unparalleled access to FIS's vast network, industry expertise, and global client base. This includes potential opportunities for commercial partnerships, product integration, and strategic guidance from a seasoned fintech leader. Notable investments include participation in rounds for companies like Banked, Treasury Prime, and Blockdaemon, demonstrating its interest in diverse fintech solutions that span banking infrastructure, payments, and digital assets. This strategic arm underscores FIS's commitment to innovation and its proactive role in driving the evolution of the financial services ecosystem.

Investor Profile

FIS has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 14% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Financial Services, FinTech, Banking.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (32%)
  • Series B (18%)
  • Seed (18%)
  • Series C (9%)
  • Convertible Note (9%)
  • Private Equity (5%)
  • Series Unknown (5%)
  • Pre Seed (5%)

Country Focus

  • United States (82%)
  • Canada (5%)
  • United Kingdom (5%)
  • Brazil (5%)
  • Switzerland (5%)

Industry Focus

  • Financial Services
  • Fintech
  • Banking
  • Software
  • Finance
  • Payments
  • Lending
  • Blockchain
  • Marketing Automation
  • Cryptocurrency
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does FIS frequently co-invest with?

FinTech Collective
North America, New York, United States, New York
Co-Investments: 2
The Venture Center
North America, Arkansas, United States, Little Rock
Co-Investments: 2
FINTOP Capital
North America, Tennessee, United States, Nashville
Co-Investments: 2
TTV Capital
North America, Georgia, United States, Atlanta
Co-Investments: 2
The FIS FinTech Accelerator in Partnership with The Venture Center
North America, Arkansas, United States, Little Rock
Co-Investments: 2
Visa
North America, California, United States, Foster City
Co-Investments: 2
Hyperplane
North America, Massachusetts, United States, Boston
Co-Investments: 2
Commerce Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Venrock
North America, California, United States, Palo Alto
Co-Investments: 3
Reinet Investments S.C.A.
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2

Which angels does FIS often collaborate with?

Daren Cotter
North America, Minnesota, United States, Saint Paul
Shared Deals: 1
BC
North America, Delaware, United States, Wilmington
Shared Deals: 1
RD
North America, Maryland, United States, Bethesda
Shared Deals: 1
WK
Europe, Mazowieckie, Poland, Warsaw
Shared Deals: 1
CA
North America, New York, United States, New York
Shared Deals: 1
JW
North America, New York, United States, Brooklyn
Shared Deals: 1
AM
North America, Louisiana, United States, New Orleans
Shared Deals: 1
YM
North America, California, United States, Los Altos Hills
Shared Deals: 1
MC
North America, Texas, United States, Dallas
Shared Deals: 1

What are some of recent deals done by FIS?

Kanmon

San Mateo, California, United States

Kanmon platform is the easiest way to for vertical SaaS and marketplaces to offer embedded lending products to their business customers.

FinTech
SeedNov 1, 2022
Amount Raised: $5,000,000
Kasisto

New York, New York, United States

Kasisto's enables financial institutions to service, engage, and acquire customers.

Artificial Intelligence (AI)ComputerFinancial ServicesFinTechInformation TechnologySoftware
Series CAug 22, 2022
Amount Raised: $15,500,000
Prime Trust

Las Vegas, Nevada, United States

Prime Trust powers innovation in the digital economy by providing fintech and digital asset innovators with financial infrastructure.

BankingBlockchainCryptocurrencyFinancial ServicesFinTech
Series BJun 22, 2022
Amount Raised: $107,000,000
NYDIG

New York, New York, United States

NYDIG is a bitcoin company that provides technology and financial services to businesses in a broad range of industries.

BitcoinBlockchainCryptocurrencyFinancial ServicesFinTech
Private EquityDec 14, 2021
Amount Raised: $1,000,000,000
CloudWalk

São Paulo, Sao Paulo, Brazil

The interplanetary payment network

Credit CardsFinancial ServicesFinTech
Series BMay 11, 2021
Amount Raised: $190,000,000
Greenwood Bank

Atlanta, Georgia, United States

Greenwood Bank is a digital banking platform for Black and Latinx people and business owners.

BankingFinancial ServicesFinTech
Series AMar 25, 2021
Amount Raised: $40,000,000
Billon Group

London, England, United Kingdom

High performance, green and scalable blockchain ,regulated on-chain assets, Digital Cash, Trusted Document and Data, Tokenization.

BlockchainData StorageFinancial ServicesFinTechInformation TechnologySoftware
Series AMar 19, 2020
Amount Raised: $5,540,686
Flutterwave

San Francisco, California, United States

Flutterwave is a fintech company that provides payment solutions for businesses.

Financial ServicesFinTechPayments
Series BJan 21, 2020
Amount Raised: $35,000,000
Sonect

Zürich, Zurich, Switzerland

Sonect is a location based matchmaking platform connecting those who want to withdraw cash, with those who want to deposit it.

BankingFinanceFinancial ServicesFinTechMobile AppsMobile PaymentsPayments
Series AOct 1, 2019
Amount Raised: $8,511,530
Numerated

Boston, Massachusetts, United States

Numerated is the fast-growing fintech making business banking easy for financial institutions and their clients.

BankingFinancial ServicesFinTechLendingMarketing Automation
Series BSep 10, 2019
Amount Raised: $15,000,000