Applications are invited for the Visa Accelerator Program for Growth Stage Companies. Check all the details below!
About Visa Accelerator Program
The Visa Accelerator Program was created to help startups unlock their growth potential and scale across the Asia Pacific region, by collaborating on joint solutions that address the biggest opportunities in digital payments.
Together with Visa’s payment experts, product architects and business development teams, startups in the Visa Accelerator Program get to rapidly co-develop, test, and iterate new solutions, while pursuing tangible go-to-market opportunities with our extensive network of financial institutions, merchants and digital partners for six months.
Now in its fourth year, the Visa Accelerator Program has enabled the growth of some of Asia Pacific’s most prominent startups.
Who are they looking for?
Mission Alignment
Startups with solutions addressing one of the following opportunity areas:
- Artificial Intelligence (AI)/ Generative AI
- Embedded Finance
- Global Money Movement
- Digital Acceptance for MSMBs
- Loyalty of the Future
Proven Solution
- Startups with a market-tested solution that has gained traction
- An articulated scope and business rationale for a POC with Visa.
Growth Stage
- At least 9-12 months runway (Series A and above)
- Resources available for POC testing with Visa (startup can dedicate time and focus without impacting core operations)
Asia Pacific Focus
- Startups that demonstrate commitment to expanding in the Asia Pacific.
- Existing operations in the region are a plus.
Opportunities
Artificial Intelligence (AI)/ Generative AI
How might they harness artificial intelligence, particularly generative AI, to power transformative payment experiences?
- Generative AI Solutions
- Customer Experience Enhancement
- Fraud Monitoring & Prevention
- Risk Management
- Dispute Management
Embedded Finance
How might they reshape the fusion of financial services into existing journeys to create seamless offerings across all payment methods?
- Fintech-as-a-Service
- Social Commerce
- Multi-rail / Alternative Rail Payments
- B2B Platform Enablers
- Lending
Global Money Movement
How might this program transform the future of cross-border money movement in an increasingly global consumer and business environment?
- FX & Cross-currency Liquidity & Management
- Supply Chain Payments
- Tuition Payments
- Earned Wage Access
- Creator Payouts
Digital Acceptance for MSMBs
How might this program empower Micro, Small & Medium Businesses to easily and rapidly start accepting and making card and non-card payments at scale?
- Creator Economy & Social Sellers
- Faster Seller Onboarding
- Real-time Payments
- Low-to-No Touchpoint Payment Experiences
- E-Invoicing
Loyalty of the Future
How might this program redefine loyalty for businesses to acquire and encourage deeper interaction, with the consumers of tomorrow?
- Segment Focused Loyalty (Affluent, Gen Z)
- Targeting & Segmentation for Businesses
- Hyper-personalization
- Pre & Post Transaction Customer Engagement
- Omni-channel Merchant Loyalty
Why Apply?
Rapid Testing
- Test and validate your solution efficiently through a focused Proof of Concept (POC) to generate maximum impact within a short timeline.
- Get equity-free funding of up to US$50,000, at Visa’s discretion, to support your POC.
- Get business and technical support to build and deploy your solution.
Access & Partnerships
- Get exclusive introductions to Visa’s global network of clients and partners.
- Explore tailored partnerships and commercialisation opportunities post-program.
- Follow-on integration with Visa ecosystem initiatives and programs.
Exclusive Mentorship
- Access Visa leadership and subject matter experts to build your roadmap
- Dedicated Visa Sponsor and POC working team, to open doors and champion your startup
- Access Plug & Play’s renowned mentor network to fast-track your growth
Scale Your Business
- Expand into new regions with our market-specific expertise
- A fast track for follow-on pilots, commercial agreements, co-creation, and even potential funding for successful POCs across Asia-Pacific
- Get recognised on the global stage as one of the elite startups accepted into the program
Timeline
How to Register?
Interested candidates can directly apply through this link.
Deadline
The last date for the registration is Mar 8, 2024.
