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Startups in the region can apply from today to seek one of up to six places in the Visa Accelerator program
SINGAPORE, Dec 1 2020 / PRNewswire / – Visa, the Global Leader in Digital Payments, Announces Accelerator Program for Startups Across Asia Pacific looking to expand their business into new markets. Visa will select an elite group of up to six startups to be part of the program’s first cohort. The Visa Accelerator program will focus on creating defined business opportunities for startups to collaborate with Visa and its extensive network of banking and merchant partners in the region.
The Visa acceleration program is designed for startups that have launched successful solutions in their home market, but are looking to the next stage of growth. As the engine of global commerce, Visa is uniquely positioned to help startups enter new geographies and reach new customer groups.
“In Visa’s ongoing work with the startup community, we often see companies facing challenges as they move their business from a local success to a player in multiple markets,” said Chris clark, regional president, Asia Pacific, Visa. “Visa has global expertise that can help startups take their expansion plans off the whiteboard and put them into practice. “
Digital economy, small businesses, open data, all key areas
Visa Accelerator startups should be ready to work on some of the world’s most pressing financial and technology opportunities. Asia Pacific. Visa is looking for startups that want to tackle areas such as:
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Expanding access to the digital economy to consumers and businesses that may be underserved or dependent on cash
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Supporting small businesses grappling with changing technological demands and the continuing impacts of the COVID-19 pandemic
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Leverage the growing open data environment in the region to develop more personalized banking and shopping experiences
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Develop new ways to transfer money that don’t rely on traditional credit and debit cards
“There is no shortage of fantastic solutions Asia Pacific startup community. Most important for Visa is how we can help these solutions reach a point where, in a few months, they could be billed as a business deal with a leading bank, retailer or tech company in the region. A big differentiator of the Visa Accelerator program is our focus on a small number of startups that are really ready to unlock that next level, ”said Clark.
Join the program
The Visa Accelerator program is a new part of Visa’s larger set of platforms and activities for the startup community in Asia Pacific. With its commitment to supporting international expansion, the Visa Accelerator program is the perfect fit for Series A and above startups, who have a long-term commitment to Asia Pacific growth and existing operations in the region, and have a proven and market validated solution.
For more information, including how to apply, visit: https://www.visa.com.sg/apaccelerator
About Visa inc.
Visa Inc. (NYSE: V) is the global leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments worldwide and is capable of processing over 65,000 transaction messages per second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for anyone, everywhere. As the world shifts from analog to digital, Visa is applying our brand, our products, our people, our network and our scale to reshape the future of commerce. For more information visit About Visa, visa.com/blog and @VisaNews.
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