Application Deadline: May 22, 2023
Visa Everywhere Initiative is a global, open innovation program that tasks startups to solve payments and commerce challenges for Visa, clients, and customers everywhere. It provides a premier global platform to demonstrate your ground-breaking solutions to the world.
Requirements:
Visa 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 neobanks)
- Digital wallets, P2P, and transfers
- Employee benefits
- Payables
- Corporate cards (aka expense management)
Value-add for merchants and/or consumers in regard to 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
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: $50,000 USD
- Audience Favorite: $10,000 USD (The overall winner and the Visa Direct winner are also eligible to win the Audience Favorite prize)
- Visa Direct: $10,000 USD
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
Prior to 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 livestreamed on TechCrunch
- 1st Place – $20K
- Audience Favorite – $10K
- RISK Winner – $25K
How to Participate
- Apply here
- Visa will select one winner per each region that will move forward to the global finals event in San Francisco, CA.
- North America
- Europe
- Asia Pacific
- Latin America
- CEMEA [Central Europe, Middle East, Africa] – This region will run additional competitions. See the schedule for more information.
Timeline:
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
For More Information:
Visit the Official Webpage of the Visa Everywhere Initiative Global Innovation Program 2023
