LITTLE ROCK, Ark., Jan. 31, 2018 /PRNewswire/ — The Venture Center and Boston-based FinTech Sandbox, today announced a partnership to increase access to vital financial data FinTech startups need to jump start their businesses.
“The Venture Center FinTech Accelerator delivers on many levels, but one of the most important is access to banking leadership and FinTech industry experts. This partnership with FinTech Sandbox further deepens the program’s value by giving portfolio companies access to additional data sources they can use to refine and target their solutions, making them marketable to financial institutions,” said VC FinTech Managing Director Wayne Miller.
FinTech Sandbox is a nonprofit that promotes financial technology innovation globally by providing free access to critical data and resources to FinTech startups. For entrepreneurs in financial services, accessing data and infrastructure can be prohibitively expensive and complicated. FinTech Sandbox accelerates product development by making these resources available to qualified startups at the point when access is most impactful. Sandbox participants, in return, are expected to collaborate, sharing learnings and advancements that benefit the FinTech ecosystem.
The partnership between the Venture Center and FinTech Sandbox:
- Connects the innovative FinTech startup and banking communities in Central Arkansas and Boston and beyond
- Facilitates dealflow and curates companies that can benefit from FinTech Sandbox’s services or VC FinTech
- Provides the opportunity for VC FinTech participants to benefit from the FinTech Sandbox offerings, such as access to data feeds for development, cloud hosting, and an opportunity to engage with a diverse FinTech network of entrepreneurs and finance professionals.
About the Venture Center
The Venture Center helps entrepreneurs turn their startups into viable, high-growth businesses. By leveraging the expertise of a world-class team of mentors, intensive programming and introductions to the investor community, the Venture Center serves as an engine for economic growth in Central Arkansas and beyond. In the first three years, the Venture Center’s member companies have created more than 445 jobs, generated $28 million in revenue and have raised a combined $39 million in capital. For more information, visit http://www.venturecenter.co.