Portfolio company Extend was selected and certified for Visa’s new fintech program - Visa Fintech Partner Connect, designed to help financial institutions quickly connect with a “vetted & curated” set of tech providers.
“Our goal is that all of our clients are in a position to build better digital experiences for their consumers,” Terry Angelos, senior vice president and global head of fintech at Visa, told TechCrunch. “We would love it if every bank had the latest tools in order to onboard clients and build digital experiences.” One of its partners, for example, is virtual card startup Extend. “There are fintechs that provide this today such as TripActions, Ramp and Divvy,” Angelos points out. “But what Visa is doing is looking at ‘How can we enable our banking clients to do something similar?’ So we’re bringing innovation into our ecosystem so that anyone can take advantage.” It can also help companies such as TripActions, Ramp or Divvy with other complementary technologies for security posture, for example.