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MasterCard Announces Inaugural MasterCard Start Path Class

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© Business Wire 2014
2014-09-03 15:32:02 -

Today, MasterCard is announcing the first class of 7 leading European startups that are developing innovative commerce solutions as part of the inaugural MasterCard Start Path : .. accelerator class.

The startups were selected after an extensive selection process that saw applications received from startups in more than 30 countries. Each of the startups will work with MasterCard for a twelve-month period, with the first 4 months based onsite in Dublin, and the next 8 months in a virtual capacity to solve critical business challenges and benefit from direct access to key strategic partners.

The inaugural Start Path class includes.

- Instabank : .. – Consumer digital banking solution available on IoS and Android, designed with the

simplicity of a social media platform.

- MePin : .. – Secure authentication for consumer eCommerce and mobile payments through a simple-to-use mobile app experience.

- MoQom : .. – Mobile identity and authentication management services to banks, payment card industry and other organizations, leveraging mobile network data.

- Ridango : .. – Cloud-based transit solution providing full-service ticket sales and distribution for online, EMV-ready and modular ticketing systems.
- STOREE : .. – Technology platform that enables brick and mortar retailers to sell both in-store and online, combined with inventory management, customer loyalty and business analytics tools.

- Xpreso : .. – SaaS solution focused on solving the “last mile” in eCommerce delivery, including dynamic tracking and accurate arrival times via a consumer mobile app.

- ZenCard : .. – Real-time loyalty redemption platform that allows retailers to develop targeted offers based on customer purchase behavior profiles.

“The opportunity to work closely with each of our Start Path startups that are experimenting with the next generation of commerce solutions is really exciting,” said Stephane Wyper, MasterCard Start Path Global Lead. “We’re looking forward to rolling up our sleeves with the companies to tackle immediate challenges as they scale their business by connecting them directly with subject matter experts from across MasterCard and the global partners we work with.”

For more information about MasterCard Start Path, visit : .. or follow us on Twitter @MAStartPath. : ..

About MasterCard

MasterCard : .. (NYSE:MA), : .. ,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews : .. , join the discussion on the Cashless Pioneers Blog : .. and subscribe : .. for the latest news on the Engagement Bureau : .. .

MasterCardAmanda Gioia, 636-722-6736 or 314-288-9412 : orMasterCardRose
Beaumont, +44 (0)20 7557 5199 :

Hossam Abdel-Kader
Phone: +43 1 9582319

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