In today’s tough environment, you need to stay resilient. Partnering with other tech firms can help you bring new products to market faster, deliver efficiencies and reduce costs to ensure quicker ROI to your investors. But how can you harness the power of partnership?
partner for success
TIP SHEET
HARNESS THE POWER OF PARTNERSHIP
With the right partner, your fintech firm can grow faster, harness innovation and prepare for future challenges.
Get in touch
Deliver efficiencies
Create opportunities
Leveraging a partner enables fintechs to speed up growth, drive innovation and access a wider customer base.
There are different types of partnership to consider. You might want to use embedded finance solutions to create new revenue streams and improve customer experience. Or you could outsource non-core business processes, freeing up your resources to focus on innovation.
SCALE YOUR BUSINESS
Accelerated delivery
Winning collaboration
Consider carefully what you are looking for from a new partner, from deep industry expertise to a modern approach to developing software. Look for solutions that can support your ambitions, whether that means out-of-the-box solutions or solutions that can be customized to your needs.
You’ll need a partner that is aligned with your goals and values – and you may also be looking for a firm with a strong go-to-market strategy, with joint branding and a full suite of marketing activities.
SEEK THE RIGHT ATTRIBUTES
Commitment to success
Knowledge and expertise
Not all vendors can accurately be described as partners. Look for a firm that not only provides the solutions and services you need, but also has the domain knowledge and global experience to help you overcome challenges, grow your business and drive innovation. It’s important to look for a firm that has a win-win and agile mindset and is committed to your success as well as its own.
FIND A TRUE PARTNER
Economies of scale
Save time
Working with too many vendors means multiple time-consuming RFPs, duplicated implementation effort and a greater compliance burden. Selecting different partners to solve specific problems quickly can also leave you with technical debt, meaning that corrective work may be needed in the future.
The solution: extract as much value as possible from a small number of partners that can act as a one-stop shop, while providing the functionality and service levels you need.
LESS IS MORE
Reliability
Resilience
It’s important to choose a firm that has the track record and staying power to support you not just today, but in the years ahead. That means choosing a partner that offers a full range of solutions, a commitment to ongoing enhancement and the scale and expertise needed to support any amount of growth.
LOOK TO THE FUTURE
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FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally.
Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
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FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
