The program is designed for entrepreneurs to quickly test and validate partnership opportunities through an accelerated Proof of Concept (POC) over the course of 4-6 months.
Unlike traditional POCs that take valuable time and resources away from startups, the Visa Accelerator Program is designed to quickly evaluate opportunities for partnerships, and move those promising opportunities forward with a fast-tracked path to pilots, partnerships, and commercialisation post-program.
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TO 6 ELITE STARTUPS!
Building a Network of Networks
How might we leverage Visa’s global network to connect the world and move beyond cards, to enable the movement of money and data for everyone, everywhere?
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How might we…
- Facilitate payment flows across more endpoints, connecting a multitude of acceptance points, form factors, devices and payment experiences?
- Enable seamless money and data connectivity across more networks and payment rails? (e.g. real-time payments, account-to-account, local networks and switches)
- Reimagine the future of the payment credential? (e.g. enable flexibility for cardholders on credential management, choice of funding source)
- Deploy new capabilities and value-added services to enable our network partners? (e.g. fraud management, digital issuance, instalments)
- Power the future of digital currencies and decentralised finance?
Empowering Small and Medium Businesses
How might we support the growth of small and medium businesses through value added services and digital experiences?
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How might we…
- Enable 1 billion merchants by developing new modes of payment acceptance?
- Facilitate rapid merchant onboarding and equip merchants with holistic lifecycle management solutions?
- Expand access to credit for small and medium businesses?
- Provide a truly digital experience for supply chain management and accelerate the transition to digital B2B payments?
- Equip small and medium business with deep data insights and tools to grow their business?
Leveraging Open Data
How might we capitalise on the sharing and exchange of data to generate new data-led solutions in security, analytics and decision making?
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How might we…
- Expand access to transaction data and build data partnership models for more participants of the payments ecosystem?
- Enrich financial institutions’ data with external data to provide personalised user experiences and rewards?
- Enable digital identities for authentication and commerce across different environments?
- Enhance data-driven decision making based on data being generated through the payment network?
Enabling Digital Commerce
How might we improve the adoption and experience of digital commerce, and support financial inclusion around the world?
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How might we…
- Simplify digital payments and extend digital experiences to the underserved, where access to digital services and eCommerce is still nascent?
- Accelerate the digital transformation of merchants around the world?
- Deliver delightful digital retail experiences that bridge the online and offline worlds?
- Turbocharge social commerce over social media and peer-to-peer networks?
- Address fraud and security concerns of the online shopper, to accelerate the adoption of digital commerce?
Mission Alignment
Startups with solutions addressing one of the following Opportunity Areas:
- Building a Network of Networks
- Empowering Small and Medium Businesses
- Leveraging Open Data
- Enabling Digital Commerce
Proven Solution
Startups that have a solution that has been tested and validated by the market
Growth Stage
At least 9-12 months runway (Typically Series A and above)
Resources available for POC testing with Visa (The startup is able to dedicate time and focus without jeopardising its business)
Asia Pacific Focus
Long term commitment to Asia Pacific market expansion
Existing operations in Singapore or rest of Asia Pacific is a plus
Rapid Testing
- Test and validate your solution quickly through a short and focused Proof of Concept, with insights from Visa
- Get equity-free funding of up to US$50,000, at Visa's discretion, to support your Proof of Concept
- Get technical support to enhance and deploy your solution
Exclusive Mentorship
- Get support from Visa subject matter experts and executives
- Dedicated Visa Sponsor to open doors and champion your startup
- Access to 500 Startups' renowned mentor network
Access and Partnerships
- Get introductions to Visa's vast network of clients and partners
- Explore tailored partnerships and commercialisation opportunities post-program
- Follow-on integration with Visa initiatives and programs
Scale Your Business
- Expand into new markets with our market-specific expertise
- A fast track for follow-on pilots, commercial agreements, co-creation, and even potential funding for successful POCs
- Get noticed on the global stage as one of the elite startups accepted into the program
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