Visa is expanding its Fast Track programme to the US in conjunction with a large and growing network of partners.
By launching Fast Track in the US, Visa is continuing its support for fintechs around the world. Visa Fast Track aims to accelerate the growth of digital payments and create better ways to move money everywhere.
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Fast Track aims to speed up the process of integrating with Visa. In particular, it allows nimble start-ups the ability to leverage the reach, capabilities, and security that VisaNet offers. Consequently fintechs are able to scale more quickly.
The fintech programme launches in collaboration with leading companies providing services across the payments spectrum. This covers card issuance to push payments integration, to Payment Card Industry (PCI) Compliance. At the same time, it includes Know Your Customer (KYC) and Anti-Money Laundering (AML) support.
Fast Track: leveraging Visa’s scale, security, reach and network of partners
“In markets across the world, Visa has successfully rolled out the Fast Track programme linking arms with fintechs. It provides a clear path towards getting to market, leveraging Visa’s scale, security, reach and strong network of partners,” says Terry Angelos, SVP and Global Head of Fintech, Visa.
“Last year, venture capital-backed fintechs raised a record $39.6bn from investors globally, up 120% from the previous year. Visa is working with leading venture capital firms to qualify their portfolio companies into the US Fast Track programme.”
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By GlobalDataVC partners include Andreessen Horowitz, Nyca Partners, Ribbit Capital and Trinity Ventures.
The programme launches in the US in collaboration with Alloy, BBVA Open Platform, Cross River Bank, Galileo, Green Dot, Marqeta, Netspend, Stripe, TabaPay, TSYS, Q2 and Very Good Security.
Visa already collaborates with a number of fintechs to help them grow and achieve their payment ambitions.
In the past year, Visa has teamed with fintechs including Currencycloud, Flutterwave, ininal, N26, PayActiv, Rappi, Razor and Remitly.
