{"id":6817,"date":"2021-07-28T16:46:17","date_gmt":"2021-07-28T15:46:17","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=6817"},"modified":"2021-07-28T16:46:24","modified_gmt":"2021-07-28T15:46:24","slug":"mastercard-start-path-program","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/mastercard-start-path-program\/","title":{"rendered":"Mastercard supports seven fintech firms with its Start Path program"},"content":{"rendered":"\n
Mastercard Start Path is a new program for fintech firms <\/a>that aim to develop and accelerate innovation in digital asset technology.<\/h5>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Mastercard, the international payments giant, has welcomed a slew of notable cryptocurrency companies into its fintech accelerator.<\/p>\n\n\n\n

Mastercard Start Path, an accelerator program for fintech firms, introduced a new startup engagement program on Tuesday, aimed at supporting companies working with digital assets\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, cryptocurrency, and blockchain technology.<\/p>\n\n\n\n

Uphold, a digital wallet and trading platform, GK8, a crypto storage firm, Domain Money, a blockchain oracle startup, SupraOracles, blockchain infrastructure provider STACS, digital asset firm Taurus, and Mintable, a marketplace for issuing and trading nonfungible tokens, are among the seven new startups to join the program (NFT).<\/p>\n\n\n\n

Mastercard's aim to develop and accelerate innovation in digital asset technology, as well as provide better security for cryptocurrency investors, is reflected in the new features, according to the business.<\/p>\n\n\n\n

Each crypto business will solve a specific difficulty as part of the program, with the help of Mastercard's experience to help them grow and improve their ideas.<\/p>\n\n\n\n

According to the company, the newly accepted startups will use the initiative to connect Mastercard's ecosystem<\/a> of banks, merchants, partners, and digital actors throughout the world to deliver innovative solutions.<\/p>\n\n\n\n

Mastercard has been involved with the digital currency ecosystem since 2015, according to Jess Turner, executive vice president of dew digital infrastructure and fintech.<\/p>\n\n\n\n

\u201cWe believe we can play a significant role in digital assets, assisting in the shaping of the industry while also providing consumer protection and security.<\/p>\n\n\n\n

\u201cOne of our responsibilities is to shape the future of cryptocurrencies, which we achieve by combining mainstream financial principles with digital asset innovations,\u201d she explained.<\/p>\n\n\n\n

Mastercard Start Path, which began in 2014, is a six-month accelerator program that helps businesses scale up and commercialize their ideas and services.<\/p>\n\n\n\n

Since its inception, the program has attracted more than 250 entrepreneurs, according to the statement. Moeda Seeds was one of six fintech and digital asset-related firms invited to Mastercard Start Path earlier this year.<\/p>\n\n\n\n

Mastercard recently announced intentions to revamp its crypto card program, allowing traditional banks to issue crypto-enabled cards over Mastercard's existing payment network.<\/p>\n\n\n\n

MasterCard is following in the footsteps of its primary competition, Visa, by boosting its drive into the digital asset business.<\/p>\n\n\n\n

Visa announced in early July that it would continue to assist the cryptocurrency industry<\/a> as part of its business, stating that its crypto-enabled cards handled over $1 billion in total expenditure in the first half of 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mastercard Start Path is a new program for fintech firms that aim to develop and accelerate innovation in digital asset technology. Mastercard, the international payments giant, has welcomed a slew of notable cryptocurrency companies into its fintech accelerator. Mastercard Start Path, an accelerator program for fintech firms, introduced a new startup engagement program on Tuesday, […]<\/p>\n","protected":false},"author":12,"featured_media":6818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,9],"tags":[1692,1560,1824],"class_list":["post-6817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tech","tag-fintech","tag-mastercard","tag-start-path"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Mastercard-supports-seven-fintech-firms-with-its-Start-Path-program-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=6817"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/6817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6818"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=6817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=6817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=6817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}