Wells Fargo has selected two early stage payment companies – Alpha Payments Cloud and Jewel Paymentech – to participate in the spring 2016 class of the Wells Fargo Startup Accelerator program , the companies said in a statement.
Wells Fargo will be investing up to $500,000 in the companies through the non-exclusive, six-month, semi-annual programs which help startups refine their potential breakthrough technologies for financial services and other applications.