Continued exploration across borders and technologies is how Mastercard Start Path, part of Mastercard Labs, accelerates game-changing trends into solutions that shape the future of commerce.
Having evaluated 10,000 startups worldwide since its inception, the Start Path team sees first-hand how the FinTech landscape has matured yet continues to evolve in reaction to new technologies and levels of competition. For example, seed and angel deal share is declining for tech startups, while Series A, B and C deals are rising significantly.
A six-month virtual and in-person engagement program, the Start Path model supports later-stage FinTechs and startups scaling into new opportunities and markets. Participating firms benefit from access to subject matter experts across the organization and facilitated introductions to our global network of customers, which includes internationally recognized financial institutions and merchants. It is with these strategic connections, based on the startups’ and customers’ specialties and needs, where pilots begin and we break ground towards long-term value creation.
The newest Mastercard Start Path companies join nearly 200 startups located worldwide, which have raised a cumulative $1.4 billion in capital since joining the program. Today, these organizations are entering the public markets, reaching unicorn status and entering extended commercial engagements with us and our customers.