Skyscend Inc. joins Visa’s Fintech Fast Track program

Skyscend Inc. joins Visa’s Fintech Fast Track program

Skyscend is partnering with Visa to improve payment options for its supply chain finance and P2P payment services.

ATLANTA, GEORGIA, USA , Dec. 20, 2022 /EINPresswire.com/ — Skyscend Inc., a leading SaaS platform provider for supply chain finance, today announced that it has joined Visa’s Fintech Fast Track program, accelerating the process of to integrate with Visa, so that Skyscend can more easily utilize the range, capabilities and security that VisaNet, the company’s global payment network, offers. Through the Visa Fintech Fast Track program, Skyscend is now able to expand its offerings and offer faster, more secure and streamlined payments to its customers.

Skyscend will be able to use the Visa Fintech Fast Track program to automate B2B payments by introducing secure and easy-to-use virtual card payments. This initiative will help reduce the risk and workload involved in transferring funds from Skyscend Capital, Skyscend Inc.’s financial arm, to a customer’s bank account. Since virtual cards can be tracked and reissued if they expire before use, customers recognize it as a safer and faster payment receipt method. Skyscend will also be able to facilitate international payments with Visa using Skyscend Cash, a digital wallet for peer-to-peer payments, to meet growing client preferences for personal finance. Businesses and consumers will now have access to cutting-edge payment tools that can help make their lives easier.

Visa’s Fintech Fast Track program gives fintech start-ups like Skyscend the opportunity to access Visa’s growing partner network, and experts who can provide guidance to help them get off the ground in the most efficient way possible. Learn more about Visa’s Fintech Fast Track program at https://Partner.Visa.com.

Skyscend CEO David Sulfridge stated, “We are thrilled to join the elite group of startups in the Fintech Fast Track program. Acceptance into the Visa Fintech Fast Track signals Visa’s support for Skyscend and thus serves to strengthen our clients’ confidence in our solutions Our participation in the Visa Fintech Fast program enables us to modify several closed-loop systems limited to specific geographies in the B2B and P2P payment space.With Visa, we now have the right partners and resources to provide businesses and consumers with the best digital payment solutions .”

“At Visa, we see our work with fintechs like Skyscend as one of our biggest opportunities,” said Vanessa Colella SVP and Global Head of Innovation and Digital Partnerships at Visa. “By joining Visa’s Fast Track program, Skyscend can gain unprecedented access to Visa expertise, technology and resources to effectively scale and bring innovative solutions to market.”

About Skyscend

Skyscend offers cloud-based invoicing and debt financing solutions to purchasing organizations worldwide. Large international organizations have relied on this technology to streamline the accounts payable process and maximize working capital, turning accounts payable into profit. It gives purchasing organizations the opportunity to provide their suppliers with early payments, electronic invoicing and affordable financing options. Skyscend is headquartered in Atlanta, GA and has offices in Canada and India. To find out more, visit https://www.skyscend.com.

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About Skyscend, Steve Roach, Chairman