Visa has opened a new international fintech accelerator in London, the Visa Europe Collab. This so-called innovation hub will aim to support a minimum of 20 fintech startups through its 100 day process, The most commercially viable concepts will continue to receive support so they become fully grown services which can be rolled out to Visa member banks, retailers and consumers across Europe.
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Visa launches fintech accelerator in Europe
Founder and co-creator of the scheme, Steve Perry, commented: “Visa is in a unique positionto help innovators develop and scale their ideas. “Now, through our innovation hub, we are creating a network of partners and a community that will help us provide the mentoring, advice and experience start-ups and entrepreneurs need to get their ideas off the drawing board and into the commercial world.”
