Get global exposure for your startup or fintech with Visa Everywhere Initiative 2022! This year is set to be Visa’s biggest ever—with multiple competitions, over $500k in total prizes, as well as the chance to compete in the global finals in Qatar in November.

Click: Erasmus European exchange program for Entrepreneurs

Prizes

Five monetary prizes will be awarded during the global finals event:

1. Overall Winner: $100,000 USD
2. Audience Favorite: $20,000 USD
3. Visa Direct: $20,000 USD
4. 2nd Place: $20,000 USD
5. 3rd Place: $10,000 USD

The overall winner, 2nd place winner, and 3rd place winner are all eligible to win the Audience Favorite Prize.

Prior to the global finals, the following local and regional prizes will also be awarded:

Egypt:

• Overall winner: EGP 500K (estimated value in USD: $32,000)
• 2nd place: EGP 350K (estimated value in USD: $22,000)
• 3rd place: EGP 250K (estimated value in USD: $16,000

Saudi Arabia:

• Overall winner: SAR 200K (estimated value in USD: $54,000)
• 2nd place: SAR 150K (estimated value in USD: $40,000)
• 3rd place: SAR 100K (estimated value in USD: $27,000)
• Audience Favorite winner: SAR 50K (estimated value in USD: $13,000)

North America

• Overall winner: $10,000 USD
• Audience Favorite winner: $10,000 USD
• Visa Direct winner: $10,000 USD

CEMEA:

• Overall winner: $25,000
• Audience Favorite winner: $10,000
• Visa Direct winner: $10,000

LAC: $30,000 USD

• Overall winner: $10,000 USD
• Audience Favorite winner: $10,000 USD
• Visa Direct winner: $10,000 USD

Also check out: Junior Chamber International Creative Young Entrepreneur Program 2022

Eligibility

Visa is looking for products that deliver innovative payment and commerce solutions to consumers as well as businesses. These include but are not limited to:

Enablers of digital services and digital issuers

• Blockchain and cryptocurrency
• Crowdfunding
• Also, Banking as a service
• BIN sponsorsIssuer / processors
• In addition, Program managers

Digital issuance

• Blockchain and cryptocurrency
• Alternative lending
• Also, Personal financial management
• Money transfer and remittance
• Digital banking (aka neobanks)
• In addition, Digital wallets, P2P, and transfers
• Employee benefits
• Payables
• Moreover, Corporate cards (aka expense management)

Value-add for merchants and/or consumers in regard to finance

• Data and analytics
• ID, authentication, and security
• Also, InsurTech
• Loyalty
• In addition, Merchant services and tools
• Process and pay infrastructure
• Moreover, Retail technology

Small/medium-sized business

• Money movement (disbursements, intra-account, P2P vendor, payments)
• Acceptance (e-commerce, mobile acceptance)
• Also, Risk management (chargebacks, etc.)
• Brand management (community building, etc.)

Also check out: Keystone Startup Advantage || Incubator Program for Startups

How to Participate

Visa will select the top 5 regional finalists in each region listed below. Next, each region will select a winner that will move forward to the global finals event.

• North America
• Europe
• Asia Pacific
• Latin America
• CEMEA [Central Europe, Middle East, Africa]

Apply now

Also, read the competition Terms & Conditions here.