This program invites applications from growth-stage startups to solve the payments and commerce challenges of tomorrow
Kathmandu, January 31, 2024: Visa (NYSE: V), the global leader in digital payments, today announced the fourth edition of the Visa Accelerator Program with an open call for applications. The initiative aims to enable startups in Nepal to unlock their growth potential by collaborating with Visa’s payment experts. The 2024 edition focuses on new opportunity areas: artificial intelligence (AI), global money movement, and loyalty of the future, with an emphasis on areas like digital acceptance for micro, small, and medium businesses (MSMBs) and embedded finance.
Speaking on the launch of the program, Soumya Basu, Country Manager of Visa Nepal, Bangladesh, and Bhutan, said, “We are delighted to invite the up-and-coming payment innovations of the country to the Visa Accelerator Program and power their solutions with Visa. The program offers startups a unique opportunity to work with our subject matter experts to enhance and test their solutions with real-world opportunities, building a runway for growth. We aim to drive the next wave of momentum for global payments by enabling seamless, safe money movement through positive payment experiences.”
Tailored for companies in the expansion stage, the program will emphasize the development of proof of concept, product solutions, and fast-tracked commercialization, providing startups with potential collaboration and accelerated growth. A select group of startups from across the Asia-Pacific region will, through the program, address the evolving challenges of the payment ecosystem. They will also co-develop, test, and iterate new solutions and leverage Visa’s extensive network of financial institutions, merchants, and digital partners to pursue tangible go-to-market opportunities.
Applications for this edition of the program opened on January 8, 2024, and will close on March 8, 2024. The selected startups will engage in the program from May to November 2024, culminating with a demo day later.
Startups interested in learning more and submitting applications can visit: www.visa.com.sg/apaccelerator
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payment network, enabling individuals, businesses, and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Ubalakri@visa.com
