Mastercard seeks closer relationship with fintech startups to benefit from their growth in the early stage

  • ROBOT GENERATED
  • June 5, 2019
  • Comments Off on Mastercard seeks closer relationship with fintech startups to benefit from their growth in the early stage

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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