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Wednesday 18 July 2018

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Mastercard names latest Start Path participants

Written by Chris Lemmon
30/11/2017

Mastercard has revealed the latest FinTech companies to join its Start Path Program, including firms developing blockchain, digital identity and healthcare solutions.

The 11 selected startups from across five countries will connect with a host of global Mastercard executives and partners from banks, digital giants and retailers at today’s third annual Start Path Summit 2017. A substantial number of companies in attendance have already engaged in active pilots as a result of the Start Path programme.

The latest Start Path companies are:

AID:Tech delivers digital entitlements transparently through blockchain technology and digital identity.

b.well makes managing healthcare and insurance simple by unlocking insights on patients.

Flutterwave is fostering digital payment acceptance and infrastructure for banks and businesses across Africa.

Goodworld powers the world’s only technology for frictionless hashtag payments on social media.

HYPR
reduces the risk of data breaches by eliminating the need for a centralized credential store.

Mobeewave enables smartphones to accept contactless payments without external hardware.

Railsbank gives companies access to a global banking network through simple APIs.

Sensibill’s platform turns everyday purchase receipts into a core part of the digital banking experience.

ShieldPay‘s instant digital escrow facility enables everyone, everywhere to transact with each other in total confidence.

Trunomi unlocks the power of customer data using data rights management.

Zeta Optima is a new way to manage employee claims, fuel card, medical allowance and other tax saving benefits.

Amy Neale, vice president of Mastercard Start Path, commented: “The diversity of Start Path proves how quickly the pace of innovation is happening in so many areas. Providing a range of companies with the resources and introductions they need to scale allows us to enable new ways to build the future of commerce together.”

Wole Faroun, founder and CEO of NetPlusDotCom, added: “We joined Start Path because we were excited about the possibility of collaborating with a leading global payment technology company, but we got much more out of the programme. Being exposed to international markets and receiving mentorship by top professionals in our industry allowed us to launch a joint solution within months of being in the programme.”



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