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Sep 15, 2024
We are proud to announce that Kipp has been chosen to participate in the prestigious 2024 FIS Accelerator Program. For nearly a decade, this renowned program has supported innovative fintech startups, providing them with the tools and guidance necessary to elevate their businesses to new heights. Being selected is a reflection of Kipp’s continued commitment to pushing the boundaries of financial technology.
As part of the 12-week program, we will work closely with FIS experts and executives, gaining invaluable mentorship and access to potential customers and partners. Alongside eight other selected companies, we will refine our product strategy, strengthen our value proposition, and position ourselves for significant scalability and growth.
Kipp’s solution empowers issuers to approve more debit transactions that exceed account balances and extend overdraft facilities by partnering with a diverse range of merchants willing to pay a premium for each approval. This innovative model allows issuers to manage overdraft risk on a per-transaction basis without adjusting the cardholder’s standard overdraft limit, while also enhancing customer loyalty by enabling cardholders to complete purchases and keeping them engaged with the brand. With no obligation to approve future transactions, issuers can maintain their debit risk controls, generate additional revenue, reduce declines and meet authorization rate KPIs.
Kipp’s selection for the 2024 FIS Accelerator Program allows us to work alongside industry leaders to advance fintech innovation. We are grateful to FIS for their trust and support in our journey.