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Today: Jun 14, 2024

Visa Canada teams up with Plug and Play, empowering FinTechs

1 min read

TLDR:

Visa Canada has announced a collaboration with accelerator and venture capital firm Plug and Play to support the entrance of FinTechs into the Canadian market. This partnership will allow Canadian FinTechs to access Visa’s global network, participate in exclusive events, and connect with new partners. Plug and Play connects startups, corporations, VC firms, universities, and government agencies, and operates from more than 50 locations worldwide. Visa is a founding sponsor of the organisation. The collaboration between Visa and Plug and Play in Canada follows their successful partnership in the United States.

The collaboration between Visa Canada and Plug and Play will support the entry of FinTechs into the Canadian market, granting them access to Visa’s global network and connecting them with new partners. Plug and Play connects startups, corporations, VC firms, universities, and government agencies, and operates from more than 50 locations worldwide. The partnership between Visa and Plug and Play in Canada comes after their successful collaboration in the United States, where they launched an Inclusive Fintech Accelerator programme for diverse founders in the tech industry.

Visa has been actively supporting startups through various initiatives. Its Africa FinTech Accelerator aims to help 40 startups per year expand through business growth and mentoring programmes, while its Asia-Pacific Visa Accelerator Programme selects startups for a four-year programme to provide them with support and resources.