Deadline: 22 April 2024
If you are looking for an opportunity to showcase your innovative fintech startup to the world and a platform to gain recognition and build credibility, the Visa Everywhere Initiative competition is for you.
This year’s competition will be hosted at the TechCrunch Disrupt event on October 28th in San Francisco.
Visa Everywhere Initiative is an open innovation program that helps startups like yours unlock new opportunities — and can give you a global platform to demonstrate your ground-breaking solutions. The program first launched in the U.S. in 2015, and quickly expanded into a global program. To date, nearly 15,000 startups have applied to the program — many of which now work with Visa or its clients.
What they’re looking for?
They are looking for fintech startups with products that deliver innovative payment and commerce solutions to consumers and businesses. These include but are not limited to:
- Emerging Spaces
- Artificial Intelligence
- Big Data/Open Banking
- Cloud Computing
- Digital Identity and Biometrics
- Cybersecurity and Privacy
- Fraud and Risk
- Alternative Finance
- Loyalty of the Future
- Money Movers
- Remittance
- P2P and Transfers
- Cross Border Payments
- B2C (Disbursements)
- B2B Payments Orchestration
- Enablers (Commerce and Banking)
- Online Marketplaces and Ecommerce
- Embedded Finance
- Core Banking and Bank Enablers
- FinTech Aggregators
- Digital Acceptance
- BaaS
- Neobanks and Brokerages
- Neobanks/Digital Banks
- MNOs
- Digital Brokerages
- Digital Wallets
- Lending
- Commercial Lending
- BNPL
- Consumer Lending
- Capital Providers
- Alternative Lending
- Social, Creator, and Gaming
- Creator Platforms and Services
- NFT Marketplaces
- Collectables
- Gaming Wallets and Tokenization
- In Game Payments and Transactions
- Gig Economy Enabler
- Crypto
- Crypto Exchanges
- Crypto Enablers
- Decentralized Finance and Blockchain
- Web3
- Other Categories
- Urban Mobiity
- Risk
Prizes
- Two monetary prizes will be awarded during the global finals event celebrated on October 28th at the TechCrunch Disrupt event in San Francisco.
- Overall Winner: $100,000 USD
- Audience Favorite: $20,000 USD (The overall winner is also eligible to win the Audience Favorite prize)
- Global finalists will also be hosted by Visa at the TechCrunch Disrupt Pavilion to exhibit together their companies in the Expo Hall with the following benefits:
- standing demo table or kiosk in the Expo Hall all 3 days
- 11” x 14” tabletop sign with sponsor logo
- Founder pass
- Access to complimentary partner wifi network and power
- Access to Startup Exhibitor Lounge
- Access to TechCrunch Disrupt press list
- Inclusion in the Disrupt mobile app
- Prior to the global finals, the following local and regional prizes will also be awarded:
- KBO: Saudi Arabia, Bahrain, Oman
- KBO Finals to be held on or about June 11, 2024 (In-Person Event)
- 1st Place – $40K
- 2nd Place – $26.6K
- 3rd Place – $13.3K
- Social Impact/Special Edition Prize – $10K
- Risk FIRE Prize – $25K
- Levant: Jordan, Lebanon, Iraq, Palestine
- Levant Finals to be held on or about June 4, 2024 (In-Person Event)
- 1st Place – $25K
- 2nd Place – $13K
- 3rd Place – $7K
- Audience Favorite – $10K
- Qatar & Kuwait
- Qatar & Kuwait Finals to be held on or about June 13, 2024 (In-Person Event)
- 1st Place – $40K
- 2nd Place – $25K
- 3rd Place – $15K
- Audience Favorite – $10K
- Social Impact Award – $10K
- CEMEA (Central Europe, Middle East, and Africa)
- CEMEA Regional Finals to be held on or about July 17, 2024 (Virtual Event)
- 1st Place – $20K
- Audience Favorite – $10K
- North America
- One (1) Global-Finalist from this Region will be determined on or about August 19, 2024
- Latin America
- One (1) Global-Finalist from this Region will be determined on or about August 19, 2024
- Europe
- One (1) Global-Finalist from this Region will be determined on or about August 19, 2024
- Asia Pacific
- One (1) Global-Finalist from this Region will be determined on or about September 15, 2024
Eligibility
- Each Participant must be an owner or employee of the Company acting in the exercise of his/her/their commercial or independent professional activity and must be a legal resident of an Eligible Market in his/her/their Region.
- Participant must also be at least eighteen (18) years old (or at least the age of majority in their jurisdiction of residence, whichever is older) at the time of registration. In addition, employees, officers, and directors of Visa, its affiliates, or its designee(s) may register but are not eligible to participate in any of the virtual or in-person competitions and any awards for the Initiative.
- Additional Participation
- You are not required to make any purchase or pay any fee to register for, or participate or receive an award or other recognition in, the Initiative nor will you be required to make available any ownership or equity stake in your Company. However, you and your Company (if applicable) are responsible for all expenses you may choose to incur in the course of developing your Submission. Visa will reimburse all reasonable travel expenses, subject to verification by Visa or its agent, associated with presenting virtually and/or in-person for the Initiative, up to $2,500 per Company.
- You are not eligible to participate in the Initiative if you or your Company meet one (1) or more of the following criteria:
- You or your Company has won a previous Visa Everywhere Initiative (unless there is a new viable product, service, solution or innovation);
- You or your Company has signed a commercial agreement with Visa; or
- You or your Company is a Visa principal member.
Deadlines
- KBO: Saudi Arabia, Bahrain, Oman: Applications must be submitted by April 22, 2024.
- Levant: Jordan, Lebanon, Iraq, Palestine: Applications must be submitted by April 22, 2024.
- Qatar & Kuwait: Applications must be submitted by April 22, 2024.
- CEMEA (Central Europe, Middle East, and Africa): Applications must be submitted by May 6, 2024.
- North America: Applications must be submitted by May 13, 2024.
- Latin America: Applications must be submitted by June 3, 2024.
- Europe: Applications must be submitted by July 1, 2024.
- Asia Pacific: Applications must be submitted by July 12, 2024.
For more information, visit Visa.