Mastercard Start Path Program Announces 7 More Blockchain Startups

As part of its fintech accelerator, the Start Path program, Mastercard continues to promote bitcoin and blockchain entrepreneurs.

The global payments giant announced on November 3 that it had picked seven more sector companies for its Start Path initiative to encourage the use of crypto and blockchain technologies.

According to the release, one of the chosen organizations’ key tasks would be to bridge the gap between Web2 and Web3. The company stated:

“These companies are making strides to bridge the gap between Web2 and Web3 and meet consumers where they are today. We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators, and empower people to innovate for the future through Web3 technologies.”

Mastercard Start Path, which debuted in 2014, is a six-month accelerator program meant to assist businesses in extending and commercializing their ideas and services. Mastercard has funded over 350 businesses to date, with several of them becoming unicorns.

In 2021, Mastercard formed Start Path Crypto, a specialized crypto section of Mastercard Start Path. The crypto accelerator was founded to help seed, Series A, and Series B firms engage in crypto and blockchain development over three months.

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