Mastercard Selects Five Startups for Blockchain Program: Innovations in Payments, DeFi, and More

Mastercard Selects Five Startups for Blockchain Program: Innovations in Payments, DeFi, and More

Mastercard has announced its selection of five startups to join its blockchain use case development program. These startups represent a diverse range of expertise in blockchain technology and will collaborate with Mastercard to explore innovative applications in areas such as payments, decentralized finance (DeFi), and central bank digital currencies (CBDCs). The selected startups include: * Kulipa: A French crypto payment card infrastructure company * Parfin: A U.K.-based blockchain software developer * [Startup 3]: Description of startup 3 and its blockchain focus * [Startup 4]: Description of startup 4 and its blockchain focus * [Startup 5]: Description of startup 5 and its blockchain focus These startups will receive tailored training, infrastructure access, and mentorship from Mastercard experts. They will also have the opportunity to collaborate on real-world use cases and explore potential partnership opportunities. Mastercard's blockchain program aligns with its broader commitment to driving innovation and fostering growth in the digital economy. By partnering with startups, Mastercard aims to tap into the latest advancements in blockchain technology and accelerate the development of practical and scalable solutions for real-world challenges. Previously on May 15, 2024, Mastercard selected five startups to participate in its blockchain use case development program. These startups are focused on developing innovative solutions in areas such as bank deposits, stablecoins, and CBDCs.