Start Path – Mastercard’s global start up program – has bolstered 230 fintechs around the world and helped them raise $2 billion in capital. The program boasts an Australian alumni of Airwallex, Money Tree and identitii, and has recently partnered with its first Australian fintech mx51. We chatted with Kallan Hogan, Head of Fintech Australasia at Mastercard, about Start Path, what makes it unique and the exciting plans it has with mx51.
What is Start Path?
The Start Path program was developed in 2013. It’s more targeted at late stage start ups in the tech space. We get around 1500 applications per annum and we choose around 30 to 40 fintechs globally. We look for quality fintechs who are in the same business as us, who are enhancing the eco system of connected commerce and all the services that wrap around that.
In those short years we’ve have 230 fintechs