For this year’s edition of the Visa Innovation Program, 99 applications were received from fintech companies across Europe. Among all of the applications Visa shortlisted 22 fintechs from 8 countries (Bulgaria, Greece, Cyprus, Poland, Ukraine, Romania, Croatia, Hungary).
In the end, 11 fintechs were selected to join Visa Innovation Program. Two of them are from Romania: Finqware and Frisbo.
The applying fintechs had to be addressing one of the four Program’s Challenges this year, which are: Empowering SME’s, Unlocking new payment flows, Designing next-gen payments experience, Building smarter cities.
The 11 New Fintechs Joining Season 3
The Selection Committee: Sevdalina Vassileva, General Manager Visa SEE, Andreana Pappas, Head of Visa Greece, Daniel Tomov, Founding Partner at Eleven Ventures, George Karamanolis, CTO/CIO Co-founder, Crowdpolicy
What’s Next?
The official Kickoff of the Program is planned for the 1st of June, according to the press release. After that, the companies will engage with their mentors and the banks in a series of design sessions to identify potential fit and start exploring PoC and pilot opportunities, incorporating Visa’s technology and latest APIs.
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The Visa Innovation Program SEE is a fintech pilot-centered collaboration platform spanning across Southeast Europe. The Program is designed to help fintechs scale, supercharge their value proposition and engage with some of the leading financial institutions in Bulgaria, Greece and Turkey.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
