Indonesia’s Finantier was one of the five open banking startups from around the world join Mastercard’s new Start Path Open Banking programme.
Other companies handpicked for this inaugural class include Dapi, mmob, Mono and Paywallet.
These five companies will join the network of more than 300 startups that have participated in the Start Path startup engagement programme.
They will have an opportunity to engage with Mastercard’s ecosystem of banks, merchants, partners and digital players across the globe to deliver and scale open banking solutions.
Today, Start Path alumni are entering the public markets, reaching unicorn status and pursuing extended commercial engagements with Mastercard and its customers.
Start Path is a key programme within the Mastercard Developers portfolio, a single point of entry for fintech companies in open banking and beyond to access the APIs, services and tools they need to iterate at each stage of their journey, transform bold ideas and achieve scale at a fast pace.
During the three-month programme, startups will have an opportunity to leverage Mastercard’s open banking expertise and market insights and learn more about the company’s open banking platforms through wholly-owned subsidiaries Finicity and Aiia.
“Open banking is a natural progression of how Mastercard has always embraced innovation and consumer trust with equal measure, and how we’ve remained a trusted partner for our customers.
We are thrilled to launch the Start Path Open Banking programme and welcome five high-growth startups from around the world to collaborate with us and accelerate open banking innovation.”
said Blake Rosenthal, Executive Vice President, Fintech & Segment Solutions at Mastercard.