Visa Everywhere Initiative, a global innovation program that tasks startups to solve payment challenges of tomorrow, further enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners has launched a Women’s Global Edition.
The Women’s Global Edition will seek to celebrate women entrepreneurs and their innovative ideas, solutions, and organizations through two challenges, i.e. FinTech and Social Impact where they will twelve finalists will be shortlisted and invited to Paris, France in early June 2019, to pitch their solutions live in front of Visa leaders and clients for an opportunity to win US$100,000 for each challenge!
Interested applicants for the FinTech challenge must be providing solutions that help transform consumer payments and/or commercial experiences locally, regionally, or globally.
These are solutions that could apply to financial institutions, online-only banks and lenders, merchants, marketplaces, digital wallets, data analytics, loyalty programs, payment solutions or payment infrastructure and could be as an issuer, enabler or value add.
Social Impact Challenge
Interested applicants for the social impact challenge must be women entrepreneurs focused on social impact outcomes across micro and small business development, environmental and social responsibility, and community engagement.
These are Women-founded/ co-founded organizations with 2 to 50 employees with a mission (or project) that resonates with Visa’s Social Impact charter with traction in the market – live product/service, clients, sales revenue, etc.
Visa Everywhere Initiative was first launched in the U.S. in 2015 and quickly expanded into other regions of the world with more than 4,000 participating start-ups, which have collectively raised over $2.5 billion in funding, with more than 221 finalists and 70 winners selected. The program activates in North America, Latin America, Europe, Asia, Middle East and Africa, touching over 75 countries.
For applications and key dates, kindly check Visa Everywhere Initiative.
Image Credits: VEI