Are you looking for an opportunity to showcase your innovative fintech startup to the world, a platform to gain recognition and build credibility, and a chance to win prize money? then the Visa Everywhere Initiative competition is for you.
About
Visa Everywhere Initiative is an open innovation program that helps startups unlock new opportunities. It is an innovative program that tasks startups to solve Payment and commence challenges for Visa clients and customers everywhere. It provides a global platform to demonstrate ground-breaking solutions. The program first launched in the U.S. in 2015 and quickly expanded into a global program. To date, nearly 12,000 startups have applied to the program, many of which now work with Visa or its clients.
Benefit
. The 2023 global competition is going to be more exciting than ever before with
an amazing opportunity for selected finalists to get in front of Visa’s executives, potential clients, and investors.
. One winner per region will be selected to compete in the global finals at the TechCrunch Disrupt event.
Criteria
Visa Everywhere Initiative is looking for products that deliver innovative payment and commerce solutions to consumers and businesses. These include but are not limited to:
Enablers of digital services and digital issuers
Blockchain and cryptocurrency
Crowdfunding
Banking as a service
BIN sponsors
Issuer/ Processors
Program managers
Digital issuance
Blockchain and cryptocurrency
Alternative lending
Personal financial management
Money transfer and remittance
Digital banking (aka neo banks)
Digital wallets, P2P, and transfers
Employee benefits
Payables
Corporate cards (aka expense management)
Value-add for merchants and/or consumers regarding finance
Data and analytics
ID, authentication, and security
InsurTech
Loyalty
Merchant services and tools
Process and pay infrastructure
Retail technology
Small/medium-sized business
Money movement (disbursements, intra-account, P2P vendor, payments)
Acceptance (e-commerce, mobile acceptance)
Risk management (chargebacks, etc.)
Brand management (community building, etc.)
New categories
Sustainable Fintechs
Urban Mobility
Risk
Funding Prizes
Three monetary prizes will be awarded during the global finals event celebrated on September 19th at the TechCrunch Disrupt event in San Francisco.
Overall Winner: USD 50,000
Audience Favorite: USD 10,000 (The overall winner and the Visa Direct winner are also eligible to win the Audience Favorite prize)
Visa Direct: USD 10,000
Visa Everywhere Initiative Global finalists will also be hosted by Visa at the TechCrunch Disrupt Pavilion to exhibit together their companies in the Expo Hall with the following benefits:
(1) standing demo table or kiosk in the Expo Hall all 3 days
(1) 11” x 14” tabletop sign with sponsor logo
Founder pass
Access to complimentary partner wifi network and power
Access to Startup Exhibitor Lounge
Access to TechCrunch Disrupt press list
Inclusion in the Disrupt mobile app
Before the global finals, the following local and regional prizes will also be awarded:
Kingdom of Saudi Arabia
Finals will be held in person on Wednesday, June 14th, 2023.
1st Place – $40K
2nd Place – $27K
3rd Place – $13K
Oman Winner, 1st Place: $40K
Bahrain Winner, 1st Place: $40K
Impact Award Winner: $13k
South Africa
1st Place – $20K
2nd Place – $10K
Audience Favorite – $10K
Impact Award – $10K
Kenya
1st Place – $20K
Audience Favorite – $10K
Impact Award – $10K
CEMEA (Central Europe, Middle East, and Africa)
Virtual finals live-streamed on TechCrunch
1st Place – $20K
Audience Favorite – $10K
RISK Winner – $25K
To Apply for Visa Everywhere Initiative
Fill out the online form, All fields marked with a (*) are mandatory.
Deadline
Local application deadlines
Kingdom of Saudi Arabia: Sunday, May 14, 2023
Finals will be held in person on Wednesday, June 14, 2023.
South Africa: Sunday, May 14, 2023
Kenya: Sunday, May 14, 2023
Regional application deadlines
Central Europe, Middle East, and Africa: Monday, May 22, 2023
Asia Pacific: Monday, May 29, 2023
Europe: Monday, June 5, 2023
Latin America and the Caribbean: Monday, June 12, 2023
North America: Monday, June 26, 2023
Global finalists announcement: Monday, August 21, 2023
Global finals: Tuesday, September 19, 2023
TechCrunch Disrupt, Moscone Center, San Francisco, CA
Overview
Types of opportunity: Grant
Deadline: 22nd May 2023 (CEMEA)
Worth: $10,000 – $50,000
Open to: All
Location: TechCrunch, San Francisco
Organizer: VISA
Country: CEMEA [Central Europe, Middle East, Africa], Latin America, Asia, Europe, North America
Inquiry
If you have any questions, please email visa@kitesrm.com_
For more information visit: Visa
