Fintech News

Mastercard Co-Innovates with 10 New Fintechs to Reshape the Future of Commerce with Ultrasonic Transactions, Borderless Money, Small Business Solutions and More

Mastercard Expands Efforts to Help Over 500 Cities Build More Inclusive and Sustainable Communities

Mastercard Start Path expands network of innovators to reimagine commerce

Mastercard has welcomed 10 fintechs from around the world to participate in its award-winning startup engagement program, Start Path, to scale the future of commerce. From bridging the digital divide to addressing the needs of the underbanked and beyond, Mastercard is helping fintechs accelerate the way they change the world.

Read More: GlobalFintechSeries Interview with Rob Rosenblatt, CEO at Behalf Inc.

“We all thrive when fintechs have access to the technology they need to reach scale and democratize finances”

Mastercard will work with these companies through a six-month program to co-innovate and uncover opportunities that leverage Mastercard’s technology, expertise and network to drive the future. Mastercard’s collaborative approach to innovation means investing in solutions that bring more people into the digital economy, instill trust, and secure every transaction and interaction.

Read More: New Study Finds 70% of Consumers Would Leave Their Bank For One That Properly Identifies Themselves When Calling

With the accelerated shift to digital experiences and rapidly evolving consumer behaviors, COVID-19 has created an immediate need for innovative technology solutions, and partnership opportunities abound. In both developed and developing areas of the world, technology can be the difference between merely surviving and thriving.

“We all thrive when fintechs have access to the technology they need to reach scale and democratize finances,” said Ken Moore, Chief Innovation Officer at Mastercard. “We are partnering with the newest fintechs joining Start Path to drive inclusion, innovation and trust with alternative ways to pay and authenticate, powerful solutions for small businesses, new ways to create efficiency for business payments, as well as address the wealth gap.”

Read More: GlobalFintechSeries Interview with Chyna Qu, Co-Founder and COO at DeFiner

Related posts

New BankTech Ventures Fund Names Entrepreneur & Fintech Investor Managing Director

Fintech News Desk

IDEX Biometrics Enabling Smart Cards to be Issued by China Construction Bank

Fintech News Desk

BigONE Granted In-Principle Approval by Astana Financial Services Authority to Operate in Kazakhstan

GlobeNewswire
1