Read time: 3 minutes

MasterCard welcomes 10 firms to its start-up program

By , ITWeb
Africa , 16 Oct 2024
The NBA project benefits Africa's tech ecosystem and the next generation of African tech entrepreneurs.
The NBA project benefits Africa's tech ecosystem and the next generation of African tech entrepreneurs.

MasterCard's start-up engagement program, Start Path, welcomed ten new companies yesterday.

The companies were chosen for their work in categories such as sustainability, cybersecurity, digital transformation, and travel.

MasterCard said the firms, which include AWorld, Bankingly, FootprintLab, HowGood, Inovat, Lasso Security, Reewild, UrbanFox, Uvicuo, and Vaayu, were handpicked from across the world.

The company said the selection of the start-up was based on “their unique expertise in high-growth sectors within the payment technology industry and will participate in the next emerging fintech cohort.”

Start Path program helps fintechs access strategic partnerships, co-innovation opportunities and engagement with MasterCard’s global network.

The program focuses on Blockchain and Digital Assets, Emerging Fintech, Open Banking, Small Businesses and more.

MasterCard said in a statement: “Five of the startups joining the newest cohort revealed their forthcoming program participation during NYC Climate Week in September, while also showcasing their dedication to advancing sustainability impact data calculations.

“The five additional startups joining this cohort are focused on harnessing emerging technologies to tackle cyber threats, driving convenience in the digital economy, and automating the future of travel.” 

Daily newsletter