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MasterCard and SVB have brought back their four-month virtual program- Commerce.Innovated. The program intends to help grow commerce-based startups by allowing access to the institutions' expertise and network. The program was launched last year and has worked with a number of startups including portfolio company Slide.
“We’re meeting incredible entrepreneurs in the fintech space through this program, helping them navigate potential roadblocks and getting to their next milestone with advice and connections in the payments space,” said Reetika Grewal, head of Silicon Valley Bank’s payments strategy. “We’re looking forward to meeting the new applicants, and working with our partners at MasterCard to help selected companies move their businesses forward.” Commerce.Innovated. launched in 2014 and has worked with 10 commerce-focused startups to date, including CardFlight, Dash, Gone, Kaayasoft, PayByGroup, Penny Owl, Realtor Maven, Standard Treasury, Splitwise, and Slide. “The program has been nothing short of a game-changer for our company,” said Michael Morris, Co-Founder and CEO of Slide. “The access to relevant industry experts and cutting-edge payment capabilities has been hugely beneficial.”
