Visa Helps Startups in Asia Pacific through the Accelerator Program

Visa, the digital payment company in the world, invites startups across Asia Pacific to grow their businesses globally, and reach new customers through the Visa Accelerator Program. Later, there will be six selected startup companies that will be part of this program.

This Accelerator Program will focus on creating commercial opportunities for startups through collaboration with Visa and Visa’s extensive network of bank partners and merchants in Asia Pacific. As an advocate for global trade, Visa is uniquely positioned to help startup companies expand to other countries and reach new customers.

The program, which will select six of the best startups in the region, will focus on creating commercial opportunities for startups through collaboration with Visa and Visa’s network of bank partners and merchants in Asia Pacific.

“In Visa’s efforts to collaborate with the startup community, we often see many successful companies in their home countries facing challenges when they want to expand to several other countries,” said Chris Clark, Regional President, Visa Asia Pacific.

Chris believes that Visa will be able to help selected startups realize their business expansion plans. The Visa Accelerator Program is a new initiative in a series of platforms and activities Visa is undertaking to support the startup community in Asia Pacific.

This program is committed to supporting startup expansion internationally and as such, is particularly suitable for startups that have secured Series A funding or more and have a long-term commitment to expand and operate in the Asia Pacific region, and have proven solutions that the market needs.

The Startup Criteria that are Sought in This Program

Through this program, Visa is looking for startups that want to provide solutions. The first is a startup that can expand access to the digital economy for consumers and business entities that may have limited access or are still dependent on the use of cash.

Second, startups that can support small businesses that are facing difficulties in catching up with increasingly changing technology and facing the impact of the Covid-19 pandemic. Furthermore, we can take advantage of the growing open data ecosystem in Asia Pacific to develop banking and shopping services that are more tailored to customer needs

Finally, this program is looking startups that can develop new ways to move money without needing to rely on credit and debit cards. The program is designed for startup companies that have launched successful technology-based solutions in their home country and are looking to further develop their business.

As an advocate for global trade, Visa is uniquely positioned to help startup companies expand their business to other countries and reach new customers in the wider range.

“How can Visa support the solution and develop it to the stage in just a few months, the solution can be offered commercially to banks, retail companies or technology companies in Asia Pacific,” said Clark.

Looking for 6 Startups from Group A Group and Above

Clark said the Visa Accelerator Program is suitable for startups that are Series A and above, have a long-term commitment to grow and operate in the Asia Pacific region and have proven solutions that the market needs.

Regional President, Visa Asia Pacific Chris Clark said the program is designed for startups that are launching successful technology-based solutions in their home country and looking to further develop their business. “Visa helps startups expand to other countries and reach new customers,” he said in a written statement, Tuesday (12/1/2020).

According to him, many successful startups in their home countries face challenges when expanding to other countries. “The company will select six startups that will be part of this program,” he said.