FinTech Forge powers the Alloy Labs Alliance, a consortium of community and mid-sized banks, on behalf of its members. Learn more and apply to join at AlloyLabs.com
Founded in 2018 by 12 leading community and mid-sized banks, the Alloy Labs Alliance is a member-driven shared innovation lab that helps reduce risks, lower costs, and shorten the time between ideas and results.
Today we total over $180 billion in assets and reach nearly 30 million consumers and more than 6 million small businesses. If we were a single bank, we would rank in the Top 25 in the U.S., giving us a combined strength and reach far beyond that of working alone
How it Works:
Alliance membership provides a low-cost and low-risk way to jumpstart your innovation efforts; including exclusive insights, reports, surveys and heatmaps, and the ability to access solutions developed and vetted by peer banks
Teams looking to build their internal innovation capacity can get foundational frameworks for decision-making, funding, and risk management to enable repeatable, scalable, and sustainable execution, all custom-tailored for their unique situation and goals Learn More
We also facilitate small peer Workgroups of like-minded members to address specific problems and opportunities in a very hands-on way. The output is an Innovation Blueprint which includes a vendor contract with an exclusive member discount, plus all of the due diligence, compliance, risk management, and full adoption roadmap. Members can choose their level of involvement and influence.
Members also have the ability to invest in promising fintechs with a level of high quality deal flow and professional oversight not typically available working alone