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AUTOMATED NEWS ALERT
Mastercard seeks closer relationship with fintech startups to benefit from payment innovation.
This is a great way to early stage invest and make sure the company is part of the new business models developed.
With its startup accelerator programme, called Start Path, which runs on a global scale, along with the setting up of a dedicated fund, Mastercard now aims to focus exclusively on fintech startups, creating a dedicated fund to invest and collaborate with these young companies in India.
According to yourstory.com “The creation of a dedicated fund is part of Mastercard’s overall investment in the country in the next five years. It has also announced an investment of $1 billion over the next five years in India, in addition to its earlier investment of a similar amount between 2014-19.”
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*This Automated News Alert is brought to you by DIGITAL BUSINESS JOURNAL™ alongside top analyses on digital business sector. We are scanning large amounts of data from various business sources and select the most relevant headlines providing the reader with a comprehensive & updated outlook.
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