Visa’s Everywhere Initiative is a global open innovation program tapping into startup communities to drive regional and client business objectives, enable startups to innovate in the commerce space and trigger cultural change within Visa in faster, non-traditional ways.
The 2018 edition of the global innovation program will bring together early-stage startups across Latin America and the Caribbean to explore solutions to solve the commerce challenges of tomorrow. Startups in Latin America are leveraging technologies to develop innovative businesses that can potentially enhance financial services and transform payments and commerce in the region. Visa’s Everywhere Initiative is looking for Fintech startups, as well as other tech-driven startups in verticals or segments such as IoT, Mobile, Big Data, eCommerce, Fraud and Digital Identity, across Latin America and the Caribbean to engage in one of the most dynamic and collaborative innovation programs worldwide..
Visa’s Everywhere Initiative will travel across Latin America looking for the 12 most innovative Fintech startups capable of meeting the needs of the local market. Startups will participate in the semifinals, which will be held in Bogotá, Buenos Aires, Lima, Ciudad México, Santiago (Chile) y São Paulo. Each semi-final will have 6 participating Fintech startups, and the 2 best startups from each semifinal will participate in a 4-day immersion program with their travel and accommodation covered by Visa. Additionally, the 12 finalists will pitch their projects in Visa’s Everywhere Initiative LAC final, which will take place at FINNOSUMMIT in Miami on October 4th and 5th, 2018. The most innovative Fintech startup in Latin America will be selected at the final, winning a $50,000 award, as well as the opportunity to collaborate with Visa on the future of payments, gain exposure to venture capitalists and Visa’s ecosystem of partners.
Moreover, a special recognition will be given to the best startup with the highest potential to have an impact on financial inclusion in the region. Who will also be invited to participate in the 4-day Immersion Program at Miami and at FINNOSUMMIT Miami.
Interested startups can apply until June 22, 2018, at the Visa’s Everywhere web.