Visa launches $100 million venture fund; introduces fast track programme for startups

Visa in Europe has launched a $100 venture investment fund and a fast track programme for onboarding fintech startups to the network. The focus of the fund will be on supporting start-up businesses that are innovating in the arena of open banking and those using emerging technologies that have the potential to create new secure, commerce experiences. The card scheme is also stepping up its fintech engagement activity with a fast-track initiative making it possible for start-ups to on-board to the platform in just four weeks.

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