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
