The Dhaka Times Desk Visa has started accepting applications for 'Visa Accelerator Program 2023' for startups from the Asia Pacific region including Bangladesh.
Through this program, startups in the country will have the opportunity to use Visa's network of partners in the region to increase business growth.
Highlights of this year's program: Web 3.0 Solutions, Global Money Movement, Embedded Finance, Merchant and Small Business Enablers and Open Banking.
The Visa Accelerator Program will work with startups in the Asia Pacific region to collaborate on critical challenges in the payments sector. Startups will get mentorship from Visa's payment experts, product architects and business development teams to develop payment solutions, audit and iterate on solutions in this 6-month program. Startups will be able to take advantage of Visa's extensive network of financial institutions, merchants, and digital partners to easily establish themselves in the market.
The program is suitable for Series A or above startups that are interested in long-term growth in the Asia Pacific region, are still operating in the region and have market-validated solutions. Applications are being accepted to participate in the program. The application process will end on January 10 next year.
In this regard Soumya Basu, Country Manager of Visa Bangladesh, Nepal, Bhutan said, “We are happy to bring the Visa Accelerator program to Bangladesh for the third time. Last time participating startups came up with amazing ideas and were able to secure 9 commercial deals with Visa's customers and partners in the Asia Pacific region. Our mission is to build the capacity of Bangladeshi startups and support their growth in new markets. We are also excited to invite applicants and help make the program a success.” Talikhata was selected as one of the 5 contestants as the first startup from Bangladesh in the Visa Accelerator Program 2022 last year. Talikhata and Visa together, Talikhata's merchant platform and data and supplier payments and Visa credentials enable small businesses to finance using Visa credentials. The rest of the startups in the Visa Accelerator Program 2022 are - India's Perfios, New Zealand's Simonge, Japan's Moneytree and Singapore's TripleA.
After the program ends in 6 months, startups will have the opportunity to participate in the post-program engagement model for various reasons, including proof-of-concept test results and other business needs.
For detailed information including how to participate in the program visit: https://www.visa.com.sg/apaccelerator
News press release.
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