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The Venture Center Picks 10 Startups for New Banking Solutions Accelerator

2 min read

The Venture Center, in partnership with the Arkansas Bankers Association, has announced the 10 companies selected for the inaugural Arkansas Banking Solutions Accelerator.

The 12-week accelerator will provide the startups and growth-stage companies with hands-on training to address the latest technology challenges facing Arkansas banks and their customers. The program aims to introduce commercially ready solutions for consumer, commercial, urban and rural banking customers across the state.

The program follows the model of The Venture Center’s Fintech Accelerator, run in partnership with Little Rock-founded technology leader FIS. Past participants of The Venture Center’s Accelerator programs have raised more than $2.5 billion dollars in capital and established commercial partnerships with leading financial institutions to bring their solutions to market.

The Arkansas Banking Solutions Accelerator founding companies include:

  • Cirrus Secure – Orchestrates documents for the financial enterprise
  • Coverbase – Uses generative AI to automate third-party vendor assessments
  • Graphio – An insights driven employee scoring designed to track flight risk, future leaders and engagement
  • Grounded – A marketplace that allows large depositors to move their cash into community financial institutions
  • LexAlign – Boosts treasury customer fraud prevention, retention, sales and deposits
  • LendingFront – An embedded cross sell platform that helps banks build a more effective relationship with their hard to reach SMB customers
  • Lumio Insight – Helps banks maximize ROI on their data assets
  • Posh AI – AI assistants empower frontline staff and transform customer interactions
  • Revio Insight – Customer insights solution for banks that uncovers deposit and revenue growth opportunities
  • Smart Eye Technology – Prevents unauthorized access with continuous facial recognition

“We’re thrilled with the strong partnership we’ve built with the Arkansas Bankers Association, and we’re excited about this program and our role in driving innovation in technology, while strengthening Arkansas’ financial ecosystem,” Daniel Schutte, vice president of innovation at The Venture Center, said in the release. “We firmly believe that through these ten companies, we will make a meaningful impact.”

 

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