🚨 Time is Running Out: Reserve Your Spot in the Lucky Draw & Claim Rewards! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

Mastercard Welcomes 7 Crypto, Blockchain Startups to Its Start Path Program

Mastercard Welcomes 7 Crypto, Blockchain Startups to Its Start Path Program

Mastercard adds 7 companies from the United States, Singapore, Abu Dhabi, Colombia, and Dubai, to its Start Path program.

Mastercard, the second-largest payment-processing corporation worldwide, has added seven startups to its Start Path program.

According to the press release shared on November 3rd, the new startups will work on easing “access to digital assets, build communities for creators and empower people to innovate for the future through Web3 technologies.”

What is Polygon in Crypto? (Animated Explainer)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is Polygon in Crypto? (Animated Explainer)

What is Polygon in Crypto? (Animated Explainer) What is Polygon in Crypto? (Animated Explainer)

The new group of startups includes companies from the United States, Singapore, Abu Dhabi, Colombia, and Dubai. The list consists of three United States-based companies, including Web3-powered social payments system Loot Bolt, privacy startup Quadrata and brand-oriented platform Uptop.

On the other hand, Start Path includes Singapore’s crypto payment platform Digital Treasures Center, Abu Dhabi’s digital asset exchange Fasset, Columbia-based Stable, and Dubai’s blockchain-based media fintech TBTM (Take Back the Mic) Studios.

Based on the announcement, since 2014, the Start Path program has onboarded around 350 companies from 40 different countries across the globe. The Mastercard Start Path is a startup engagement program aiming to make blockchain and digital assets more accessible.

The company’s announcement reads:

Fintechs play a major role in digital transformation by bringing fresh ideas, customization and greater choice for consumers and businesses. We believe collaboration across the crypto ecosystem is essential to delivering the right solutions at the right time.

With the newest partnership, above mentioned startups will grow essential opportunities, such as technology collaborations, mentorships, and gain access to various channels and customer bases.

Since 2014, the Mastercard Start Path, a six-month program for selected startups to expand and commercialize their products and services. Over the years, a number of participants received a unicorn status, including firms like fintech startups Zeta and Razorpay or banking provider Thought Machine.

In 2021, Mastercard expanded its Start Path program by launching a crypto department called Start Path Crypto. This branch of the Start Path program offers a three-month support program for crypto and blockchain development startups.

In other news, in the middle of October, Mastercard joined forces with Paxos to launch the Crypto Source program bringing crypto services to financial institutions (FI).

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating