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Visa Everywhere Initiative Global Innovation Competition 2021

Visa Everywhere Initiative Global Innovation Competition 2021

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Details

Applications are open for Visa Everywhere Initiative Global Innovation Competition 2021. Visa Everywhere Initiative is an open innovation program that helps startups like yours unlock new opportunities—and gives you a global platform to demonstrate your ground-breaking solutions. The program first launched in the U.S. in 2015, and has since expanded to every corner of the world, recruiting startups from over 100 countries. Over the past five years, more than 7,000 startups have participated, and they’ve collectively raised more than $2.5 billion in funding.

Benefits

Visa Everywhere Initiative Global Innovation Competition has the following benefits

  • Validation: Your organization receives recognition from one of the world’s most valuable brands.
  • Exposure: The regional and global finals will be livestreamed on TechCrunch, giving finalists global exposure.
  • Monetary prize: Winners at the global finals receive a monetary prize (no equity taken) that you can invest in your company as you see fit.

Submission Guidelines

The company must be a startup segmenting in the following categories:

Enabler of Digital Services and Digital Issuers

  • Blockchain & Cryptocurrency
  • Crowdfunding
  • Banking as a Services
  • BIN Sponsors
  • Issuer / Processors
  • Program Managers

Digital Issuance

  • Blockchain & Cryptocurrency
  • Alternative Lending
  • Personal Financial Management
  • Money Transfer & Remittance
  • Digital Banking (aka Neo Banks)
  • Digital Wallets, P2P &Transfers
  • Employee Benefits
  • Payables
  • Corporate Cards (aka expense management)

Value -Add for Merchants and/or Consumers when it comes to Finance

  • Data & Analytics
  • ID, Authentication & Security
  • InsurTech
  • Loyalty
  • Merchant Services & Tools
  • Process & Pay Infrastructure
  • Retail Technology
  • Other

Small/Medium -Sized Business Recovery

  • Money Movement (disbursements, Intra-account, p2pvendor, payments)
  • Acceptance (e-commerce, mobile acceptance)
  • Risk Management (chargebacks, etc.)
  • Brand Management (Community building, etc.)
  • Other

Awards and Benefits

Visa Everywhere Initiative Global Innovation Competition has the following benefits

  • The First Award Recipient will receive $50,000 USD.
  • The Second Award Recipient will receive $15,000 USD.
  • The Third Award Recipient will receive $10,000 USD.
  • The Audience Choice Award Recipient will receive $25,000 USD

Read the competition Terms and Conditions here

Specifications

Type of Opportunity Miscellaneous
DeadlineOngoing
Open toAll
OrganizerVisa Everywhere Iniatiative

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