Startup community gets boost from Visa

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Global payments giant Visa has rolled out a new program to help startups that have found initial success in their home market break into new geographies and customer groups.

Visa will select an elite group of up to six startups in Asia-Pacific to be part of the first cohort of its “Visa Accelerator Program,” which seeks to focus on creating defined commercial opportunities for startups to collaborate with Visa and its extensive network of bank and merchant partners in the region.

“In Visa’s ongoing work with the startup community, we often see companies face challenges when taking their business from a local success story to becoming a player in multiple markets,” said Dan Wolbert,…

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