MasterCard launches 2016 start-up accelerator

Successful applicants will be offered a place on a six-month business programme

Gulf News

DUBAI: Mastercard has launched a new quarterly recruitment campaign for its start-up accelerator programme Start Path Global.

The firm is offering between 5 and 7 innovative start-ups a shot at a six-month virtual programme aimed at helping them tackle business problems and introduce them to new opportunities around the globe.

The scheme is open to any start-up outside the United States. Over the last two years, Start Path has worked with over 90 companies across 24 countries, and Mastercard is running pilots with or has invested in 20 per cent of them.

Start Path was established in early 2014 as a way for Mastercard to work directly with global start-ups building innovative solutions, covering everything from blockchain to artificial intelligence and chatbots.

“In 2014, we wanted to look beyond Mastercard and support innovation that was being developed by new and upcoming, early-stage companies,” said Stephane Wyper, Global Lead, Mastercard Start Path. “We believe every start-up is unique and that there is not a one-size-fits-all approach to working together. We have put in place different mechanisms including pilots with Mastercard business lines, access to our APIs and connectivity to our customer base and partner networks.”

The deadline for applications is October 11. For more details, visit www.startpath.com.

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