Mastercard Continues to Expand in Blockchain

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Global payment giant MasterCard, included five startups developing innovative solutions in the field of Blockchain technologies and digital assets into the Start Path program. The program aims to develop innovative solutions in areas such as regulated currencies, bank deposits, stablecoins and central bank digital currencies (CBDC).

Mastercard Includes Five Innovative Startups in Blockchain Program

payment giant MasterCardtakes its Start Path program one step further to support innovative initiatives operating in the field of digital assets and Blockchain technologies. In this context, the company will help start-ups selected from five different countries discover their potential to produce solutions to real-world problems.

MasterCardThis move, which shows ‘s determination in digital transformation and innovation, aims to contribute to the development of selected startups by sharing its experience in finance and payment systems. Within the scope of the program, it is planned to collaborate with fintechs and professionals from different sectors specializing in areas such as regulated currencies, bank deposits, stablecoins and central bank digital currencies (CBDC).

The five startups accepted to the Start Path program include Kulipa based in France, Parfin from the UK, peaq from Singapore, Triangle from the United States and Venly from Belgium. These start-ups stand out in areas such as card solutions for digital wallets, enterprise Blockchain software, permissionless digital infrastructures, sustainable finance solutions and Blockchain integration.

Startups selected during the four-month program, MasterCardThey will benefit from the special training, collaboration opportunities and access to a wide customer and channel network offered by . Start Path has supported more than 400 startups from 54 countries since 2014, thus making significant contributions to the implementation of innovative ideas and the development of the sector.

Axel Cateland, founder of Kulipa, stated that with the Mastercard Start Path program, they aim to develop new methods that will enable cryptocurrencies to reach wider audiences through stablecoin-based global payments and increase financial inclusion.

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