Over the next four to six months, the participating startups will focus on creating defined commercial opportunities to collaborate on new payment solutions with Visa and its extensive network of bank and merchant partners. A key goal for the accelerator program is to support startups that have launched successful solutions in their home markets as they plan their next stage of growth.
“Hundreds of startups came forward with outstanding ideas for new and enhanced commerce experiences, but the five participants we’ve selected truly stood out,” said Chris Clark, regional president, Asia Pacific, Visa.
“We’re excited to work with each of the startups in our first cohort to bring their concepts to life and expand their businesses into new markets across the region.”
As a subscription management platform, Curlec will be working on some of the most pressing financial and technological opportunities in Asia Pacific, and develop new ways to pay and be paid digitally to help drive financial inclusion for more consumers and businesses
“We applied to the Visa program as we felt that Visa’s global scale could help us accelerate the growth of our business, particularly outside our home country of Malaysia. We’re extremely excited to get started as we feel that Visa’s vision of the subscription economy and the future of commerce deeply aligns to ours, and we look forward to scaling this to the rest of Asia Pacific and beyond,” said Zac Liew, Co-founder & CEO, Curlec.
Curlec will be joined by Brankas, DigitSecure, ModusBox and Open as cohorts for the upcoming program.
For more information on the announcement, check out the full press release https://vi.sa/3wxZI86