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Home»TRADING NEWS»Mastercard Expands Blockchain Accelerator Program with Five New Startups
TRADING NEWS

Mastercard Expands Blockchain Accelerator Program with Five New Startups

By Crypto FlexsMay 15, 20242 Mins Read
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Mastercard Expands Blockchain Accelerator Program with Five New Startups
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  • Mastercard expands its Start Path program and adds five blockchain startups.
  • The Start Path program demonstrates Mastercard’s leadership in fintech innovation.
  • Selected startups will receive customized training and collaboration opportunities.

Global fintech giant Mastercard announced the addition of five new startups to its Start Path blockchain and digital asset program, which aims to partner with startups around the world to explore future use cases and scale new solutions. I did.

This move highlights Mastercard’s commitment to fostering innovation in blockchain and digital payments.

Diverse groups join Mastercard’s accelerator program

The latest cohort to join Mastercard’s Start Path program represents a diverse range of innovative companies in the blockchain and digital asset space.

Among the new entrants is Kulipa, a cryptocurrency payments and card issuer. Parafin, a blockchain software company; peaq, a decentralized physical infrastructure network (DePin) provider; Triangle, a data platform; and blockchain developer Venly.

These startups were carefully selected based on their high potential to drive innovation in blockchain, digital assets, and Web3 technologies.

Mastercard continues to lead the way in fintech and blockchain payments.

Mastercard’s Start Path program provides selected startups with unique opportunities for collaboration, customized training, and access to Mastercard’s extensive customer and channel network.

Over the course of the four-month program, participants will work closely with Mastercard experts to improve solutions and explore differentiated use cases to solve real-world challenges in the fintech and payments landscape.

Mastercard’s move into blockchain and digital assets is part of a broader strategy to remain at the forefront of innovation in the fintech industry.

Through initiatives such as its Start Path program, Mastercard has supported more than 400 startups in 54 countries since its launch in 2014. Mastercard aims to drive the adoption of blockchain and digital payment solutions globally by collaborating with industry experts and fintech companies.

Recent partnerships and initiatives highlight Mastercard’s commitment to innovation in the fintech space.

Working with Israeli fintech company Kima to develop a “DeFi credit card” highlights Mastercard’s interest in combining decentralized financial protocols with traditional banking services.

Additionally, the alliance formed with major U.S. banking conglomerates to test distributed ledger technology for bank payments demonstrates Mastercard’s commitment to exploring new technologies to improve financial infrastructure.


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