MasterCard expands its Blockchain Accelerator program with five new startups
MasterCard Expands Start Path Program, Adds 5 Blockchain Startups The Start Path program showcases MasterCard's leadership in FinTech innovation, with selected startups receiving training and collaboration opportunities.
Mastercard, the global fintech giant, has announced the addition of five new startups to its Start Path Blockchain and Digital Assets program to explore future use cases and partner with startups around the world to develop innovative solutions.
The move demonstrates MasterCard's commitment to fostering innovation in blockchain and digital payments.
A diverse group has joined MasterCard's Acceleration Program.
The latest cohorts to join the MasterCard Startup Track program represent a variety of innovative companies in the blockchain and digital assets space.
Among the newcomers is Kulipa, a crypto payment and card issuer; Parafin, a blockchain software company; Peaq, a decentralized physical infrastructure network (DePin) provider; Triangle, a data platform; and Venly, a blockchain developer.
These startups are carefully selected based on their potential to drive innovation in blockchain, digital assets and Web3 technologies.
MasterCard continues to lead in fintech and blockchain payments.
The Mastercard Startup Track Program offers selected startups a unique opportunity for collaboration, people training and access to MasterCard's extensive network of customers and channels.
During the four-month program, participants will work closely with MasterCard experts to refine their solutions and explore unique use cases aimed at solving real-world problems in the fintech and payments landscape.
MasterCard's foray into blockchain and digital assets is part of its broader strategy to stay at the forefront of innovation in the fintech industry.
Through initiatives such as the Start Pay program, MasterCard has Since its launch in 2014, it has supported more than 400 startups in 54 countries. In collaboration with industry experts and fintechs, MasterCard aims to enable the global adoption of blockchain and digital payment solutions.
Recent partnerships and initiatives underscore MasterCard's commitment to innovation in the fintech space.
Partnering with Israeli fintech company Kima to develop a “DeFi credit card,” MasterCard highlights its desire to marry decentralized financial protocols with traditional banking services.
Additionally, a partnership with major US banking companies to test distributed ledger technology for bank settlements demonstrates MasterCard's commitment to testing new technologies to improve financial infrastructure.
