Mastercard has won first place in the 2020 global Corporate Startup Stars Awards and its Start Path startup engagement program has been recognized as the World’s Best Corporate Accelerator. The prestigious prize is a partnership between the innovation advisory firm Mind the Bridge and the International Chamber of Commerce (ICC).
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The awards, announced today at a virtual ceremony hosted by Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, recognizes the world’s most active corporations working with startups and best practices in corporate-startup collaboration. Mastercard earned recognition for the advancement of its Start Path program, helping fintech innovators around the world scale their business and deliver transformative solutions.
“We’re honored to have been chosen as the world champion in startup-corporate collaboration by the Corporate Startup Stars Awards, recognizing our history of driving innovation with fintechs to scale ideas that bring more people into the digital economy,” said Ken Moore, Chief Innovation Officer at Mastercard. “As a partner of choice for fintechs globally, Mastercard embraces the opportunity to collaborate with emerging fintech players to accelerate innovation and shape the future of commerce.”
Through the Start Path program, startups have an opportunity to connect with partners in Mastercard’s global ecosystem of banks and merchants as well as technology and digital players. With more than 250 startups in the network since its founding in 2014, Start Path companies have gone on to raise more than $3 billion in post-program capital.
Mastercard would like to extend congratulations to all of the companies from around the world who have been recognized by the Corporate Startup Stars and Corporate Startup Accelerator Awards to drive innovation across industries.
