Visa has announced the expansion of its Fintech Fast-Track Program for the Central and Eastern Europe, Middle East and Africa (CEMEA) region.
The program provides innovative fintechs with a faster and easier integration process with VisaNet, Visa's global network, in addition to a suite of tailored digital solutions and growth capabilities.
With the Visa Fast-Track program, fintechs based in CEMEA can now onboard to Visa's global network in as little as four weeks. The program has been tailored to the needs of fintechs, adapting to their realities and providing them with processes that are faster, which include reducing the number of onboarding conditions. The program also links fintechs to platforms that are already certified by Visa and connects fintechs to sponsoring banks, providing fintechs with scaling opportunities through Visa's global network.
Andrew Torre, Regional President, CEMEA, Visa, said: "The payments ecosystem is evolving at an unprecedented pace with some of the most exciting innovations coming from our region. We are actively engaged with passionate, entrepreneurial communities to understand where synergies exist in order to foster and bring new experiences to life in a secure and scalable manner in our pursuit of a digital future. Our aim is to connect new players and ideas with our network partners, so that we can deliver intuitive and relevant payment, banking and retail experiences to customers and merchants."