NAIROBI, KENYA: Global Electronic Payment Solutions Provider MasterCard has launched start path global – a unique six-month mentorship/partnership and capacity building Programme for start-ups.
The partnership is an extension of the company’s existing footprint to a greater number of countries globally in Asia Pacific, Middle East, Africa and Latin America.
The programme will allow innovators and young entrepreneurs to gain access to over 60 MasterCard experts and benefit from the opportunity to pilot their innovations or ideas with MasterCard or MasterCard customers around the world.
“Start Path thoughtfully connects the right partners with the right start-ups to build the future of commerce together,” said Stephane Wyper, Global Lead of MasterCard Start Path. “Our global expansion targets a broader range of startups and help them achieve success, " noted Wyper.
Start Path Global programme has been designed to put the start-up first by allowing them to grow at their own space and pace. There is no need for a start-up to relocate, neither is there need for equity to be taken and allows full ownership for any intellectual property (IP) developed.
With this international expansion, startups from around the world and especially Africa, will also benefit from access to Start Path Partners, a group of more than 20 leading companies in banking, retail, and technology including Samsung Card, Target, Bank of Montreal, and Santander Innoventures.
