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Mastercard Selects Seven Crypto Tech Firms for New Program

By Tyler S- Crypto Investor - 28-07-2021

Mastercard, the international payments giant, maintains its involvement in the crypto asset business by accepting a new round of prominent cryptocurrency startups in its Start Path accelerator program.

The business unveiled a new startup engagement program on Tuesday as part of Mastercard Start Path, a development and engineering scheme for fintech startups to assist organisations working with digital assets, Bitcoin (BTC), and blockchain technology.

The new enhancements are in keeping with Mastercard's interest in cryptocurrency trading, which aim to develop and enhance productivity in digital asset technology and provide greater security for people who invest in cryptocurrency, according to the business.

As part of the initiative, each cryptocurrency startup will solve an obstacle with the help of Mastercard, to grow and improve their ideas. Reportedly, the newly joined companies will use the initiative to help collaborate Mastercard's vast ecosystem. The ecosystem consists of banks, merchants, partners, and digital players worldwide to create innovative solutions.

According to Jess Turner, executive vice president of Mastercard's new digital infrastructure and fintech, the corporation has been a part of the digital currency ecosystem since 2015.

Mastercard Start Path, which debuted in 2014, is a six-month accelerator program that assists companies in scaling up and implementing their ideas and services on a commercial basis. Since its inception, more than 250 startups have participated in the event. Mastercard Start Path added six more financial and digital asset-related firms earlier this year.

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