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Stock impact report

FIS Accelerates Innovation with $150 Million of New Capital for Venture Investments

Fidelity National Information Services, Inc. (FIS) 
Last fidelity national information services, inc. earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.fisglobal.com
Company Research Source: Business Wire
Key factsFIS targets to invest $150 million over the next three years in promising fintech startups.The venture investment deepens FIS’ commitment to be at the forefront of innovative technologies that help its clients accelerate digital transformation and emerge stronger from the current pandemic.Recently announced funding in African fintech startup Flutterwave marks the first such investment. JACKSONVILLE, Fla.--(BUSINESS WIRE)--Financial technology leader FIS™ (NYSE: FIS) announced today that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort to invest a target of $150 million in promising fintech startups over the next three years.FIS Ventures will invest globally in early to growth-stage fintech startups with a focus on emerging technologies such as artificial intelligence and machine learning, digital enablement and automation, data and analytics, security and privacy, distributed ledger technology, and financial inclusion. In Show less Read more
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