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Visa Launches Global Competition For FinTech Firms

Visa has announced the launch of the 2021 Visa Everywhere Initiative.

A global innovation program for FinTech companies.

“Fintech companies from all over the world are invited to participate in the Visa Global Competition.

With a total prize survey of $125,000 and an opportunity to draw the international professional community’s attention to their project,” the company’s statement says.

Also, This year program participants are expected to develop new innovative solution to help broaden the capability of receiving payments and make the finance sector available to a broader range of customers.

In addition, There will be two phases in the competition: regional and global.

Visa Everywhere 2021 Global Program participants will be able to present their solutions in four categories:

1. Development of digital services and issuers of digital services

2. Digital emission

3. Additional (value-added services) financial services for sellers and/or consumers

4. Restoration strategies for the SMB segment.

Since its launch in 2015, about 7000 start-ups have participated in the program.

To date, start-ups have raised more than US$2.5 billion in investments from the program.

To apply visit Visa Everywhere Initiative 2021 website.

Source: techgistafrica

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