Visa Everywhere Initiative 2023 for Innovators (Win $50,000)

Deadline: Varies by Region

Applications are open for the Visa Everywhere Initiative 2023. Visa Everywhere Initiative is an open innovation program that helps startups like yours unlock new opportunities — and can give you a global platform to demonstrate your ground-breaking solutions.

The 2023 global competition is going to be more exciting than ever before — with an amazing opportunity for selected finalists to get in front of Visa’s executives, potential clients, and investors. One winner per region will be selected to compete in the global finals at the TechCrunch Disrupt event. Apply now if you’re a startup with great products already in market and gaining traction — and are looking for an extra push from a global, trusted brand like Visa to gain scale.

Prizes

• Three monetary prizes will be awarded during the global finals event celebrated on September 19 at the TechCrunch Disrupt event in San Francisco.
  • Overall Winner: $50,000 USD
  • Audience Favorite: $10,000 USD (The overall winner and the Visa Direct winner are also eligible to win the Audience Favorite prize)
  • Visa Direct: $10,000 USD
• Global finalists will also be hosted by Visa at the TechCrunch Disrupt Pavilion to exhibit together their companies in the Expo Hall with the following benefits:
  • (1) standing demo table or kiosk in the Expo Hall all 3 days
  • (1) 11” x 14” tabletop sign with sponsor logo
  • Founder pass
  • Access to complimentary partner wifi network and power
  • Access to Startup Exhibitor Lounge
  • Access to TechCrunch Disrupt press list
  • Inclusion in the Disrupt mobile app
• Prior to the global finals, the following local and regional prizes will also be awarded:
  • Kingdom of Saudi Arabia. Finals will be held in person on Wednesday, June 14th, 2023.
    • 1st Place – $40K
    • 2nd Place – $27K
    • 3rd Place – $13K
    • Oman Winner, 1st Place: $40K
    • Bahrain Winner, 1st Place: $40K
    • Impact Award Winner: $13k
  • South Africa
    • 1st Place – $20K
    • 2nd Place – $10K
    • Audience Favorite – $10K
    • Impact Award – $10K
  • Kenya
    • 1st Place – $20K
    • Audience Favorite – $10K
    • Impact Award – $10K
  • CEMEA (Central Europe, Middle East, and Africa): Virtual finals livestreamed on TechCrunch
    • 1st Place – $20K
    • Audience Favorite – $10K
    • RISK Winner – $25K

Eligibility

• Each Participant must be an owner or employee of the Company acting in the exercise of his/her/their commercial or independent professional activity and must be a legal resident of an Eligible Market in his/her/their Region.
• Participant must also be at least 18 years old (or at least the age of majority in their jurisdiction of residence, whichever is older) at the time of registration.
• In addition, employees, officers and directors of Visa, its affiliates, or its designee(s) may register but are not eligible to participate in any of the virtual or in-person competitions and any awards for the Initiative as detailed herein.

They are looking for products that deliver innovative payment and commerce solutions to consumers and businesses. These include but are not limited to:

Enablers of digital services and digital issuers

• Blockchain and cryptocurrency
• Crowdfunding
• Banking as a service
• BIN sponsors
• Issuer/ Processors
• Program managers

Digital issuance

• Blockchain and cryptocurrency
• Alternative lending
• Personal financial management
• Money transfer and remittance
• Digital banking (aka neobanks)
• Digital wallets, P2P, and transfers
• Employee benefits
• Payables
• Corporate cards (aka expense management)

Value-add for merchants and/or consumers in regard to finance

• Data and analytics
• ID, authentication, and security
• InsurTech
• Loyalty
• Merchant services and tools
• Process and pay infrastructure

• Retail technology

Small/medium-sized business


• Money movement (disbursements, intra-account, P2P vendor, payments)
•  Acceptance (e-commerce, mobile acceptance)
• Risk management (chargebacks, etc.)
• Brand management (community building, etc.)

New categories

• Sustainable Fintechs
• Urban Mobility
• Risk

Application

Click here to apply

For more information, visit Visa Everywhere Initiative.