Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard stated.
Mastercard’s Digital Asset Program Expands
Payments giant Mastercard announced Wednesday that five startups from around the world will join its Start Path Blockchain and Digital Asset program “to explore how people and businesses use money to move value and solve real-world problems.” The company explained:
Blockchain and digital assets are already transforming financial services, expanding how people and businesses can use their money to move value. Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency.
Mastercard is working with startups globally to scale new blockchain, digital assets, and Web3 solutions. The Start Path program offers these high-potential startups collaboration opportunities, bespoke training, and access to Mastercard’s extensive customer base and channels over a virtual four-month period. Since its inception in 2014, the program has supported over 400 startups from 54 countries.
The five companies joining the program include France-based Kulipa, which enables next-generation crypto payment card issuing for digital wallets. The second company, UK-based Parfin, develops enterprise-grade software products that help financial institutions adopt blockchain technology. The third company, Singapore-based Peaq, offers permissionless, borderless digital infrastructure for real-world applications, utilizing vehicles, machines, robots, and devices.
The next company, U.S.-based Triangle, focuses on sustainability through a data platform that integrates climate data with finance. The last company joining the program is Belgium-based Venly, which simplifies blockchain integration for developers and businesses, supporting industry growth and digital transformation.
