Visa has opened applications for a global competition for female entrepreneurs in the fintech and social impact spaces that will see winners secure $100,000 in prize. Launched in 2015, the Visa Everywhere has expanded into other regions of the world with more than 4,000 participating start-ups, which have collectively raised over $2.5 billion in funding, with more than 221 finalists and 70 winners selected.
The programme activates in North America, Latin America, Europe, Asia, Middle East and Africa, touching over 75 countries and awarded more than 70 leading startups with cash prizes, mentorship and access to Visa’s clients and partners.
The first Visa Everywhere Initiative: Women’s Global Edition shifts the programme from regionally-focused events to a worldwide one centred on fintech and social impact. Its goal is to shine a spotlight on the millions of underrepresented female business leaders and Visa’s commitment to micro and small businesses catalysing change.
Each region will send one winner to the final, which will culminate with a finals event to be held during the kick-off of the FIFA Women’s World Cup in France on Friday, June 7, 2019.
Applicants’ solution should apply to financial institutions, online-only banks and lenders, merchants, marketplaces, digital wallets, data analytics, loyalty programs, payment solutions or payment infrastructure
- Visa will provide $100,000 to each challenge winner
- Provision of expert mentorship
- Access to clients and its vast network of partners.
- The company will also launch a global marketing campaign “Together as One” to celebrate the Visa Everywhere Initiative: Women’s Global Edition.
Interested applicants can apply on the website. Applications are open until Sunday, April 14, 2019, with regional finalists to be selected in May.
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