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Visa invites startups to join Accelerator Programme

TBP Desk
20 Dec 2022 00:00:00 | Update: 20 Dec 2022 01:22:24
Visa invites startups to join Accelerator Programme

Visa has opened applications of ‘Visa Accelerator Programme 2023’ for start-ups in Asia Pacific including Bangladesh aiming to unlock business growth potential and access Visa’s network of partners from the region.

The programme will focus on solutions in Web 3.0, global money movement, embedded finance, merchant and small business enablers and open banking, said a press release.

Visa Accelerator Programme will choose a selected group of startups from Asia Pacific to collaborate on some imperative challenges in the payment industry. The six-month programme will let startups receive mentorship from Visa’s payment experts, product architects and business development teams to co-develop, test and iterate payment solutions. The start-ups will also pursue intangible go-to-market opportunities through Visa’s comprehensive network of financial institutions, merchants and digital partners.

The applications process will remain open till January 10 of next year.

Visa’s Country Manager of Bangladesh, Nepal and Bhutan, Soumya Basu said, “We are pleased to bring the Visa Accelerator Programme for the 3rd time to Bangladesh. Startups in the previous cohorts have brought exceptional ideas and secured nine commercial deals with Visa’s clients and partners in the Asia Pacific.”

“We aim to help startups from Bangladesh too build their potential and grow in new markets; we are excited to invite applicants and help us continue the programme’s momentum”, he said.

Last year, TallyKhata was selected as one of the five participants in the Visa Accelerator Programme 2022, the first startup from Bangladesh.

The other startups in the Visa Accelerator Programme 2022 were Perfios (India), Cymonz (New Zealand), Moneytree (Japan), and TripleA (Singapore).

After the six-month programme, the startups will have the opportunity to participate in the post-programme engagement model depending on various factors, including the outcome of the proof-of-concept test and other business requirements.

More details on the application process will be available at https://www.visa.com.sg/apaccelerator.

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