Mastercard announced the launch of Fintech Express in Europa, a program conceived in order to facilitate the entry on the market and the expansion for fintech companies. The start-ups will benefit of the advantages offered by the partnership with Mastercard, using company’s tech and global network in order to create innovations which will contribute to the development of digital economy.
Mastercard Fintech Express helps startups to launch fast and expand, depending on their needs:
- Access – achieving Mastercard licence and accessing Mastercard’s global payment network via a simplified onboarding process
- Development – becoming Express Partner and developing unique tech alliances with help of the advantages offered by MasterCard
- Connecting – connecting with qualified Express Partners and starting up operations in just a few days, together with Mastercard
The program is helping innovative start-ups from the digital payments industry, simplifying the collaboration with Mastercard and its partners in order to launch new fintech products. Fintech Express is specially conceived for fintechs who want to add new payment solutions to their products’ suites and to the tech start-ups who want to reach new market segments
Railsbank with its BAAS (Global Banking-as-a-Service) platform is one of the first players who joined the new Express Partner program. New partners are analyzed in order to be certified.
Mastercard Fintech Express is part of Mastercard Accelerate, complex platform launched by Mastercard that offers support and assistance to emerging brands and start-ups, during their entire development and transformation, from launch until global expansion. Mastercard Accelerate has 4 main programs: Fintech Express, Start Path, Engage and Developers.