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Mastercard Rolls Out a Blockchain Payments Startup Program

ByLouis Adams

May 16, 2024 #Blockchain
Reading time: < 1 minute

Fintech giant Mastercard announced on May 15 the addition of five new startups to its Start Path Blockchain and Digital Assets program.

The Start Path Blockchain and Digital Assets program is a fintech accelerator aimed at “exploring future use cases to scale new solutions with startups around the world.”

The latest cohort includes crypto payment and card issuer Kulipa, blockchain software firm Parafin, decentralized physical infrastructure network (DePin) firm peaq, data platform Triangle, and blockchain developer Venly.

In a press release, Mastercard emphasized that this phase of the program will focus on practical use cases and trials aimed at addressing specific issues: “Each currency format – from regulated money to bank deposits, to stablecoins and CBDCs – serves a specific purpose, and Mastercard is connecting with industry experts and fintechs to explore differentiated use cases that can help solve real-world problems.”