Mastercard Bets on Blockchain and Payments with Latest Crop of Startups

Payments processor Mastercard is continuing its focus on innovation and partnership, announcing the latest 11 companies to join its ‘Start Path’ program as well as the expansion of its NYC Tech Hub.

The latest companies to join Start Path, a Mastercard program aimed to support later-stage fintechs across the globe, including blockchain, health, and payment startups. These include Railsbank, which seeks to enable global banking via APIs, AID, a blockchain and digital identity startup, and HYPR, which reduces the risk of data breaches by eliminating the need for a centralized credential store.

Meanwhile, Mastercard is also expanding its NYC tech hub. The company plans to hire 470 new staff to support its expanding innovation efforts.

Read more at PYMNTs, Bloomberg, and Finextra.

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