Mastercard accelerates its position in the World of Blockchain and Crypto with Start Path Digital Assets

Six fintech companies from around the world are joining MasterCard Start the Path Digital Assets program. These organizations are looking to scale innovative solutions and build the future of commerce

Mastercard is engineering the future of commerce by advancing blockchain technology. It ensures that it is safe, secure and reliable, while continuing to provide choice for consumers everywhere. The digital asset ecosystem is vibrant, and technology is expanding the definition of what we consider assets.

As new assets emerge, Mastercard is looking to lean in and find new ways to use blockchain to solve real-world problems. It explores future use cases and scales new solutions with fintechs around the world through the Mastercard Start Path startup engagement program. Together, they are decentralizing the creator economy, tokenizing grant proposals and building crypto wallets. Just to mention a few things.

Through the Start Path Digital Assets program, startups receive tailored training. In addition, they will have access to Mastercard’s channels and customers, professional expertise and the opportunity for technical collaboration.

According to Mastercard’s blog: “The companies handpicked for the Start Path have a demonstrated product-market fit focused on digital assets, cryptocurrencies, value-added blockchain services and the metaverse, and have already raised seed or Series A capital.”

The following startups are joining Start Path for opportunities that will help them break into new markets and accelerate blockchain innovation:

• Axles
• Cheeze, Inc.
• Coala Pay
• Qonbay.io
• RociFi Labs
• Suberra

Develops its network

These six startups will join more than 350 companies from 42 countries participating in Start Path. The program was founded in 2014. Since then, Start Path has created more than 10,000 startup connections around the world. Many of these companies enter the public markets and reach unicorn status. They enter into extended commercial engagements with Mastercard and its customers.

As blockchain technology continues to evolve, Mastercard remains guided by its core founding principles of stability, regulatory compliance and consumer protection. Its experience in payment innovation and building global networks prepares it for a hybrid economy. One that combines the benefits of blockchain technology with the existing financial infrastructure.

With over 90 million acceptance points worldwide, Mastercard brings its trusted network to accelerate future adoption of blockchain, digital assets and Web3.