23 August 2017
Visit http://response.ncr.com

MasterCard puts seven startups on the Start Path accelerator

03 September 2014  |  6006 views  |  0 Go!

MasterCard has selected the first class of seven European startups to participate in its Start Path accelerator programme.

MasterCard launched its search in May, inviting firms from the European commerce ecosystem that have already secured seed funding and have a live or planned beta in place to apply for the 12-month programme.

The card scheme says it received applications from startups in more than 30 countries. The seven firms selected will decamp to Dublin for an intensive four month phase where they will work with MasterCard and mentors from partners, including Asos and Capital One. Participants will get EUR35,000 to cover their time in Ireland.

During this period the startups will work towards securing a pilot with MasterCard or one of its partners before spending the next eight months working in a virtual capacity to see their ideas through the fruition.

The inaugural Start Path class includes:
  • Instabank - Consumer digital banking for IoS and Android withb a social media flavour.
  • MePin - Secure authentication for consumer e-commerce and mobile payments.
  • MoQom - Mobile identity and authentication management services to banks, payment card industry and other organisations, leveraging mobile network data.
  • Ridango - Cloud-based transit online, EMV-ready and modular ticketing systems.
  • Storee - Technology platform that enables brick and mortar retailers to sell both in-store and online, combined with inventory management, customer loyalty and business analytics tools.
  • Xpreso - SaaS service focused on solving the "last mile" in e-commerce delivery, including dynamic tracking and accurate arrival times via a consumer mobile app.
  • ZenCard - Real-time loyalty redemption platform for retailers to develop targeted offers based on customer purchase behavior profiles.


Stephane Wyper, MasterCard Start Path global lead, says: "We're looking forward to rolling up our sleeves with the companies to tackle immediate challenges as they scale their business by connecting them directly with subject matter experts from across MasterCard and the global partners we work with."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

MasterCard launches European incubator programme for commerce startups

MasterCard launches European incubator programme for commerce startups

07 May 2014  |  9184 views  |  0 comments | 12 tweets | 13 linkedin
MasterCard and Silicon Valley Bank launch incubator programme for commerce startups

MasterCard and Silicon Valley Bank launch incubator programme for commerce startups

12 February 2014  |  9232 views  |  0 comments | 16 tweets | 9 linkedin
Startupbootcamp launches fintech accelerator programme

Startupbootcamp launches fintech accelerator programme

06 February 2014  |  10208 views  |  0 comments | 11 tweets | 10 linkedin
MasterCard Big Data division to build restaurant reviews site built on customer payment data

MasterCard Big Data division to build restaurant reviews site built on customer payment data

17 December 2013  |  12917 views  |  0 comments | 28 tweets | 18 linkedin
MasterCard begins recruitment campaign for New York innovation lab

MasterCard begins recruitment campaign for New York innovation lab

13 December 2013  |  8828 views  |  0 comments | 12 tweets | 8 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.vasco.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
17909 views comments | 41 tweets | 78 linkedin
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
13183 views comments | 28 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11816 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11046 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10921 views comments | 10 tweets | 8 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job